Steelcase Quick ratio
What is the Quick ratio of Steelcase?
The Quick ratio of Steelcase, Inc. is 1.15
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 Industrials sector on NYSE compared to Steelcase
What does Steelcase do?
steelcase helps leading organizations – in business, healthcare and education – create the places that can unlock the promise of their people. recognized as one of the world's most admired companies by fortune magazine!
Companies with quick ratio similar to Steelcase
- H&R Block has Quick ratio of 1.15
- ARMOUR Residential REIT Inc has Quick ratio of 1.15
- ARMOUR Residential REIT has Quick ratio of 1.15
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- Gati has Quick ratio of 1.15
- Gati has Quick ratio of 1.15
- Steelcase has Quick ratio of 1.15
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- Norsk Hydro ASA has Quick ratio of 1.15
- Capgemini SE has Quick ratio of 1.15