The Quick ratio of Draper Esprit VCT plc is 263.15
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.
Draper Esprit VCT plc is a venture capital fund manager. It is a Venture Capital Trust. It specializes in directly investing. It specializes in early venture, mid venture, and late venture. The fund prefers investing in growth capital. It invests in health care and software and services. The fund seeks to invest in United Kingdom.