Jindal Photo Quick ratio
What is the Quick ratio of Jindal Photo?
The Quick ratio of Jindal Photo Limited is 1.60
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 NSE compared to Jindal Photo
What does Jindal Photo do?
Jindal Photo Limited primarily invests in the shares of companies in India. It also provides management consultancy services. The company was incorporated in 2004 and is headquartered in New Delhi, India.
Companies with quick ratio similar to Jindal Photo
- Nath Bio-Genes (India) has Quick ratio of 1.60
- Kellton Tech Solutions has Quick ratio of 1.60
- Macro Enterprises has Quick ratio of 1.60
- Psychemedics has Quick ratio of 1.60
- Jumbo Interactive has Quick ratio of 1.60
- PGT Innovations has Quick ratio of 1.60
- Jindal Photo has Quick ratio of 1.60
- Inventronics has Quick ratio of 1.60
- The Andhra Sugars has Quick ratio of 1.60
- Tsingtao Brewery Co has Quick ratio of 1.60
- GORE German Office Real Estate AG has Quick ratio of 1.61
- GCM Grosvenor has Quick ratio of 1.61
- Sophiris Bio Inc has Quick ratio of 1.61