Cobra Venture Quick ratio
What is the Quick ratio of Cobra Venture?
The Quick ratio of Cobra Venture Corporation is 53.88
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 Energy sector on TSXV compared to Cobra Venture
What does Cobra Venture do?
Cobra Venture Corporation engages in the exploration and development of petroleum and natural gas properties in Canada. It holds interest in an oil well located in the Willesden Green area in Alberta; and the Gull Lake project in Saskatchewan. Cobra Venture Corporation was incorporated in 1998 and is headquartered in West Vancouver, Canada.
Companies with quick ratio similar to Cobra Venture
- Cannabix Technologies has Quick ratio of 53.24
- HarMoney Corp Ltd has Quick ratio of 53.39
- Prospa has Quick ratio of 53.42
- Spice Private Equity AG has Quick ratio of 53.51
- Pembroke Venture Capital Trust has Quick ratio of 53.63
- Vidler Water Resources Inc has Quick ratio of 53.67
- Cobra Venture has Quick ratio of 53.88
- Discovery Africa has Quick ratio of 54.32
- GrowMax Resources has Quick ratio of 54.39
- MFA Inc has Quick ratio of 54.42
- MFA has Quick ratio of 54.42
- Falcon Oil & Gas has Quick ratio of 54.53
- Falcon Oil & Gas has Quick ratio of 54.53