21 St Century Manag Quick ratio

What is the Quick ratio of 21 St Century Manag?

The Quick ratio of 21 St Century Manag is 1.04

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.

What does 21 St Century Manag do?

Twentyfirst Century Management Services Limited invests in capital and debt instruments in India. It invests and trades in shares and derivatives in the capital, and futures and options markets. The company was incorporated in 1986 and is based in Mumbai, India.

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