AMBG Quick ratio
What is the Quick ratio of AMBG?
The Quick ratio of AMBG Inc. is N/A
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.
What does AMBG do?
AMBG INC. intends to seek new business opportunities or to engage in a merger or acquisition with an unidentified company. Previously, it was intended to specialize in historical and cultural media, operating a content network throughout the United States and Europe for marketing, advertising, public relations, communications, television broadcasting, DVDs, books, e-books, enhanced e-books, and traditional magazines. The company was formerly known as Wordsmith Media, Inc. AMBG INC. was incorporated in 2005 and is based in New York, New York.