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FG Acquisition Quick ratio

What is the Quick ratio of FG Acquisition?

The Quick ratio of FG Acquisition Corp. is 0.00

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 Finance sector on TSX compared to FG Acquisition

What does FG Acquisition do?

FG Acquisition Corp. focuses on acquiring one or more businesses or assets through a merger, amalgamation, arrangement, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination in the financial services industry. The company was incorporated in 2021 and is headquartered in Vancouver, Canada.

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