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Midland Ic&I Ltd Quick ratio

What is the Quick ratio of Midland Ic&I Ltd?

The Quick ratio of Midland Ic&I Ltd is 1.00

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 Real Estate sector on OTC compared to Midland Ic&I Ltd

What does Midland Ic&I Ltd do?

Midland IC&I Limited, an investment holding company, provides property agency services for commercial and industrial properties, and shops in Hong Kong. It is also involved in the property investment, securities investment, surveying, and money lending activities; operation of serviced apartments; and provision of treasury and management services. The company was incorporated in 2001 is headquartered in Central, Hong Kong.

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