Emperor Quick ratio
What is the Quick ratio of Emperor?
The Quick ratio of Emperor Energy Limited is 1.27
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 Energy sector on ASX compared to Emperor
What does Emperor do?
Emperor Energy Limited engages in the exploration, development, and production activities in the upstream oil and gas sector in Australia. It primarily holds a 100% interest in the Vic/P47 exploration permit covering an area of 200 square kilometers located in the offshore Gippsland Basin, Bass Strait, Australia; and holds 100% interest in Canning Basin. The company was formerly known as Oil Basins Limited and changed its name to Emperor Energy Limited in November 2017. Emperor Energy Limited was incorporated in 1982 and is based in Sydney, Australia.
Companies with quick ratio similar to Emperor
- AMG Advanced Metallurgical NV has Quick ratio of 1.27
- frontdoor, inc has Quick ratio of 1.27
- Mattel has Quick ratio of 1.27
- IDG Investment has Quick ratio of 1.27
- Butler National has Quick ratio of 1.27
- Wynn Resorts has Quick ratio of 1.27
- Emperor has Quick ratio of 1.27
- United has Quick ratio of 1.27
- Niu Technologies has Quick ratio of 1.27
- China Lilang has Quick ratio of 1.27
- Q P Ltd has Quick ratio of 1.27
- Brasilagro Companhia Brasileira De Propriedade Agricola has Quick ratio of 1.27
- Want Want China has Quick ratio of 1.27