Home Depot Quick ratio
What is the Quick ratio of Home Depot?
The Quick ratio of Home Depot, Inc. is 0.33
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 NYSE compared to Home Depot
What does Home Depot do?
The Home Depot, Inc., often simply referred to as Home Depot, is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States.
Companies with quick ratio similar to Home Depot
- CorePoint Lodging Inc has Quick ratio of 0.33
- The Fulham Shore PLC has Quick ratio of 0.33
- Western Asset Premier Bond Fund has Quick ratio of 0.33
- Pinnacle West Capital has Quick ratio of 0.33
- Zee Learn has Quick ratio of 0.33
- GB Global has Quick ratio of 0.33
- Home Depot has Quick ratio of 0.33
- Babylon Pump & Power has Quick ratio of 0.33
- Bellway Plc has Quick ratio of 0.33
- MAN SE has Quick ratio of 0.33
- Xiezhong International has Quick ratio of 0.33
- BlackRock Health Sciences Trust has Quick ratio of 0.33
- Shristi Infrastructure Development has Quick ratio of 0.33