Safestyle UK Plc Quick ratio
What is the Quick ratio of Safestyle UK Plc?
The Quick ratio of Safestyle UK Plc is 0.83
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 Consumer Discretionary sector on LSE compared to Safestyle UK Plc
What does Safestyle UK Plc do?
Safestyle UK plc designs, manufactures, sells, installs, and maintains windows and doors for the homeowner market in the United Kingdom. The company offers domestic, double-glazed, and replacement PVCu windows and doors. It provides its products through a network of 33 sales branches and 13 installation depots. Safestyle UK plc was founded in 1992 and is headquartered in Bradford, the United Kingdom.
Companies with quick ratio similar to Safestyle UK Plc
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- Safestyle UK Plc has Quick ratio of 0.83
- SMTC has Quick ratio of 0.83
- Bharat Gears has Quick ratio of 0.83
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- Chaowei Power has Quick ratio of 0.83
- i.century has Quick ratio of 0.83
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