Telecom Argentina S.A Quick ratio
What is the Quick ratio of Telecom Argentina S.A?
The Quick ratio of Telecom Argentina S.A. is 0.27
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 Communication Services sector on NYSE compared to Telecom Argentina S.A
What does Telecom Argentina S.A do?
Telecom Argentina S.A. is the major local telephone company for the northern part of Argentina, including the whole of the city of Buenos Aires.
Companies with quick ratio similar to Telecom Argentina S.A
- FDG Electric Vehicles has Quick ratio of 0.27
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- Telecom Argentina S.A has Quick ratio of 0.27
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- Eyenovia Inc has Quick ratio of 0.27
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