Platform 9 Capital Quick ratio
What is the Quick ratio of Platform 9 Capital?
The Quick ratio of Platform 9 Capital Corp. is 54.81
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 TSXV compared to Platform 9 Capital
What does Platform 9 Capital do?
Platform 9 Capital Corp. does not have significant operations. It intends to identify and evaluate assets or businesses with a view to completing a qualifying transaction. The company was incorporated in 2018 and is headquartered in Toronto, Canada.
Companies with quick ratio similar to Platform 9 Capital
- Falcon Oil & Gas has Quick ratio of 54.53
- Falcon Oil & Gas has Quick ratio of 54.53
- Panorama Capital has Quick ratio of 54.54
- Arizona Metals has Quick ratio of 54.73
- Arizona Metals has Quick ratio of 54.73
- China Art has Quick ratio of 54.76
- Platform 9 Capital has Quick ratio of 54.81
- Lakshmi Finance & Industrial has Quick ratio of 54.91
- AlloVir has Quick ratio of 55.08
- Vinacapital Vietnam Opportunity Fund (United Kingdom) has Quick ratio of 55.38
- Vinacapital Vietnam Opportunity Fund (United Kingdom) has Quick ratio of 55.38
- Wright Investors Service Hldgs has Quick ratio of 55.64
- Broadmark Realty Capital Inc has Quick ratio of 55.73