The quick ratio compares the value of a company's most liquid assets to the value of its current liabilities so investors can get a sense of how well it can cover its expenses in the short term.
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Guide to Financial RatiosThe quick ratio differs slightly. Its calculation subtracts inventory from current assets before they're divided by current liabilities. This ratio can present better insight into the short-term ...
Plc (LON:GTLY – Get Free Report)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 135.54 ($1.75) and traded as high as GBX ...
Note: Some dealers rely a simpler closing ratio rule of thumb. They expect to close at least 50 percent of every showroom opportunity, irrespective of the source.
Timbercreek Financial Corp. (TSE:TF – Get Free Report)’s share price reached a new 52-week low during trading on Tuesday after TD Securities lowered their price target on the stock from C$8.00 to C$7.
Because the ratio came out above 1, it looks like Apple was in a healthy position to cover all of its upcoming liabilities as of late March 2021. The current and quick ratios are extremely similar.
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