Ballard Power Systems Quick ratio
What is the Quick ratio of Ballard Power Systems?
The Quick ratio of Ballard Power Systems Inc. is 13.57
What is the definition of Quick ratio?
Quick ratio is liquidity ratio that measures a company’s ability to use its quick assets to meet its short-term obligations immediately.
mrq (most recent quarter)
The quick ratio is the ratio between quick or liquid assets and current liabilities. Quick assets include those current assets that presumably can be quickly converted to cash at close to their book values. A normal liquid ratio is considered to be 1. A company with a quick ratio of less than 1 cannot at the time fully pay its current liabilities or short-term obligations. This ratio is considered to be a much reliable tool for assessment of liquidity position of companies.
Quick ratio of companies in the Industrials sector on NASDAQ compared to Ballard Power Systems
What does Ballard Power Systems do?
ballard has established a sustainable leadership position in pem (proton exchange membrane) fuel cell technology and products, currently providing solutions for backup power, distributed generation, material handling, and bus applications. for more information go to www.ballard.com
Companies with quick ratio similar to Ballard Power Systems
- Petro Welt Technologies AG has Quick ratio of 13.50
- YouYou Foods Co has Quick ratio of 13.51
- Whitewater Acquisition has Quick ratio of 13.52
- Live Oak Acquisition has Quick ratio of 13.52
- Infield Minerals has Quick ratio of 13.53
- Elephant Hill Capital has Quick ratio of 13.55
- Ballard Power Systems has Quick ratio of 13.57
- Zodiac-JRD-MKJ has Quick ratio of 13.57
- Orcus Resources Ltd has Quick ratio of 13.57
- Barings Corporate Investors has Quick ratio of 13.58
- Pardee Resources Co has Quick ratio of 13.58
- Sernova has Quick ratio of 13.59
- St Charles Resources Inc has Quick ratio of 13.59