Karat Packaging Quick ratio
What is the Quick ratio of Karat Packaging?
The Quick ratio of Karat Packaging, Inc. is 0.79
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 Materials sector on NASDAQ compared to Karat Packaging
What does Karat Packaging do?
Karat Packaging, Inc. manufactures and distributes disposable products for the restaurants and foodservice industry. The company is headquartered in Walnut, CA.
Companies with quick ratio similar to Karat Packaging
- Panariagroup Industrie Ceramiche S.p.A has Quick ratio of 0.79
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- China Communications Construction has Quick ratio of 0.79
- Karat Packaging has Quick ratio of 0.79
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