New Oroperu Resources Quick ratio
What is the Quick ratio of New Oroperu Resources?
The Quick ratio of New Oroperu Resources Inc. is 12.62
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 Materials sector on TSXV compared to New Oroperu Resources
What does New Oroperu Resources do?
New Oroperu Resources Inc., a junior exploration company, identifies, evaluates, acquires, and explores for gold properties in Peru. It holds a 100% interest in the Tres Cruces gold project in north central Peru; and a 100% interest in one mineral property located in Ontario, Canada. The company was incorporated in 1994 and is headquartered in Vancouver, Canada.
Companies with quick ratio similar to New Oroperu Resources
- Immunomedics has Quick ratio of 12.58
- Spirit Banner II Capital has Quick ratio of 12.60
- Shockwave Medical has Quick ratio of 12.61
- Ocean One has Quick ratio of 12.61
- Clean TeQ has Quick ratio of 12.62
- Clean TeQ has Quick ratio of 12.62
- New Oroperu Resources has Quick ratio of 12.62
- Infinity Lithium has Quick ratio of 12.64
- Platinum Investment Management has Quick ratio of 12.66
- Lara Exploration has Quick ratio of 12.66
- SilverCrest Metals Inc has Quick ratio of 12.69
- Rivalry Corp has Quick ratio of 12.69
- Medley Capital Corp has Quick ratio of 12.69