Advanced Micro Devices Quick ratio
What is the Quick ratio of Advanced Micro Devices?
The Quick ratio of Advanced Micro Devices Inc. is 2.01
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 Advanced Micro Devices
What does Advanced Micro Devices do?
Advanced Micro Devices, Inc., commonly abbreviated as AMD, is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets
Companies with quick ratio similar to Advanced Micro Devices
- IntriCon has Quick ratio of 2.01
- Zhaobangji Properties has Quick ratio of 2.01
- CAP-XX has Quick ratio of 2.01
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- Advanced Micro Devices has Quick ratio of 2.01
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