STEL Quick ratio
What is the Quick ratio of STEL?
The Quick ratio of STEL Holdings Limited is 80.74
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 Staples sector on NSE compared to STEL
What does STEL do?
STEL Holdings Limited, an investment holding company, invests in the securities of group companies in India. The company was formerly known as Sentinel Tea and Exports Limited and changed its name to STEL Holdings Limited in July 2011. STEL Holdings Limited was incorporated in 1990 and is based in Kochi, India.
Companies with quick ratio similar to STEL
- Agronomics has Quick ratio of 79.52
- Safe Harbour plc has Quick ratio of 79.75
- African Resources has Quick ratio of 79.82
- High Mountain 2 Capital has Quick ratio of 80.31
- County Capital 2 has Quick ratio of 80.71
- Tup Capital Inc has Quick ratio of 80.72
- STEL has Quick ratio of 80.74
- Coloured Ties Capital Inc has Quick ratio of 82.56
- Oakley Capital Investments has Quick ratio of 82.79
- MBN has Quick ratio of 83.07
- Gore Street Storage Fund Plc has Quick ratio of 83.38
- Tanami Gold NL has Quick ratio of 83.60
- Sayward Capital Corp has Quick ratio of 83.76