Axios Mobile Assets Quick ratio
What is the Quick ratio of Axios Mobile Assets?
The Quick ratio of Axios Mobile Assets Corp. is 0.39
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 Technology sector on OTC compared to Axios Mobile Assets
What does Axios Mobile Assets do?
Axios Mobile Assets Corp., a logistics enabler, produces and supplies technology enabled engineered logistic product solutions in Canada. Its solution includes physical assets or bio-based pallets and a technology platform that track and monitor palletized loads to improve operational effectiveness. The company is based in Mississauga, Canada.
Companies with quick ratio similar to Axios Mobile Assets
- Eureka has Quick ratio of 0.38
- TCW Strategic Income Fund Inc has Quick ratio of 0.38
- Mukand has Quick ratio of 0.38
- Datametrex AI has Quick ratio of 0.38
- Kinder Morgan P Dl ,01 has Quick ratio of 0.38
- COFCO Meat has Quick ratio of 0.38
- Axios Mobile Assets has Quick ratio of 0.39
- Puxing has Quick ratio of 0.39
- Charter Communications has Quick ratio of 0.39
- Lasa Supergenerics has Quick ratio of 0.39
- Lasa Supergenerics has Quick ratio of 0.39
- Vermilion Inc has Quick ratio of 0.39
- Falco Resources has Quick ratio of 0.39