CBD Global Sciences Quick ratio
What is the Quick ratio of CBD Global Sciences?
The Quick ratio of CBD Global Sciences Inc. is 0.05
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 Health Care sector on OTC compared to CBD Global Sciences
What does CBD Global Sciences do?
CBD Global Sciences Inc. engages in cannabidiol (CBD) farming, processing, and product manufacturing business. It offers provides biomass, CBD oil, and CBD oil products under the Aethics, CannaOil, and Strasburg Pharms brand names. The company was incorporated in 2018 and is headquartered in Lakewood, Colorado.
Companies with quick ratio similar to CBD Global Sciences
- ChoiceOne Services has Quick ratio of 0.05
- Scopus Biopharma has Quick ratio of 0.05
- Global Offshore Services has Quick ratio of 0.05
- Vardhman Polytex has Quick ratio of 0.05
- Opgen Inc has Quick ratio of 0.05
- ADiTx Therapeutics has Quick ratio of 0.05
- CBD Global Sciences has Quick ratio of 0.05
- Longevity Acquisition has Quick ratio of 0.05
- Lydian International has Quick ratio of 0.05
- Evershine has Quick ratio of 0.05
- BioCorRx has Quick ratio of 0.05
- Legato Merger has Quick ratio of 0.05
- Legacy Acquisition has Quick ratio of 0.05