InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,859.85
(
0.00%
)
US TECH 100
19,896.00
(
-0.02%
)
Dow Jones
43,065.22
(
0.00%
)
Brent Oil
74.27
(
-0.86%
)
Bitcoin
65,863.45
(
-0.29%
)
Post# of 48255
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

whitie

Send PM Follow Ignore
Followers 30
Posts 3206
Boards Moderated 0
Alias Born 07/07/2015

whitie

Re: Shapingthepresent post# 44788

Thursday, 11/25/2021 9:09:11 PM

Thursday, November 25, 2021 9:09:11 PM

Post# of 48255
Quick ratio is basically a ratio of current assets that can be quickly converted to cash like receivables. See 4,076,337 list as current assets on financial statement. Divide that by current liabilities $6,775,970z Money that is owed short term. The second number I gave was taking total assets. It could be argued that those assets could convert to cash short term as well. Is a quick way of assessing a companies health. Bottom line the company can more than meet current obligations and remain a going concern.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up