Adobe Inc Quick ratio
What is the Quick ratio of Adobe Inc?
The Quick ratio of Adobe Inc is 1.16
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 Technology sector on NASDAQ compared to Adobe Inc
What does Adobe Inc do?
Adobe Inc., originally called Adobe Systems Incorporated, is an American multinational computer software company incorporated in Delaware and headquartered in San Jose, California.
Companies with quick ratio similar to Adobe Inc
- Sixth Street Specialty Lending Inc has Quick ratio of 1.16
- Medacta SA has Quick ratio of 1.16
- Broadcom Inc has Quick ratio of 1.16
- Broadcom Dl ,001 has Quick ratio of 1.16
- Yeahka Ltd has Quick ratio of 1.16
- Smiths Plc has Quick ratio of 1.16
- Adobe Inc has Quick ratio of 1.16
- The Navigator Co. SA has Quick ratio of 1.16
- SS&C Technologies Inc has Quick ratio of 1.16
- Industria de Diseno Textil SA has Quick ratio of 1.16
- IGC Pharma Inc has Quick ratio of 1.16
- Federal Realty Investment Trust has Quick ratio of 1.16
- TravelCenters of America Inc has Quick ratio of 1.16