Southern Quick ratio
What is the Quick ratio of Southern?
The Quick ratio of Southern Company is 0.64
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 Utilities sector on NYSE compared to Southern
What does Southern do?
Southern Company is an American gas and electric utility holding company based in the southern United States. It is headquartered in Atlanta, Georgia, with executive offices also located in Birmingham, Alabama. The company is the second largest utility company in the U.S. in terms of customer base, as of 2021.
Companies with quick ratio similar to Southern
- Waste Connections has Quick ratio of 0.64
- Wajax has Quick ratio of 0.64
- Glory Sun Land has Quick ratio of 0.64
- Stagezero Life Sciences Ltd has Quick ratio of 0.64
- SKM Egg Products Export (India) has Quick ratio of 0.64
- Dadi International has Quick ratio of 0.64
- Southern has Quick ratio of 0.64
- Biolase Inc has Quick ratio of 0.64
- Mavenir Private II has Quick ratio of 0.64
- Windar Photonics PLC has Quick ratio of 0.64
- PyroGenesis Canada has Quick ratio of 0.64
- Guardian Capital has Quick ratio of 0.64
- VINCI SA has Quick ratio of 0.64