Windlab Quick ratio
What is the Quick ratio of Windlab?
The Quick ratio of Windlab Limited is 2.72
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 Utilities sector on ASX compared to Windlab
What does Windlab do?
Windlab Limited, renewable wind energy development company, develops, finances, constructs, and operates wind farms in Australia and South Africa. It also provides asset management services to various operating wind farms. The company has development portfolio of 45 projects with a capacity of approximately 7,700 megawatts. Windlab Limited was founded in 2003 and is headquartered in Canberra, Australia.
Companies with quick ratio similar to Windlab
- Tradelink Electronic Commerce has Quick ratio of 2.72
- U-Haul has Quick ratio of 2.72
- Boston Properties has Quick ratio of 2.72
- Centrale des Bois & Scieries de la Manche SA has Quick ratio of 2.72
- BXP has Quick ratio of 2.72
- Y-Mabs Therapeutics Inc has Quick ratio of 2.72
- Windlab has Quick ratio of 2.72
- Raymond Industrial has Quick ratio of 2.72
- RMR Inc has Quick ratio of 2.72
- SolarEdge Technologies has Quick ratio of 2.72
- Envela Corp has Quick ratio of 2.72
- Ambarella Inc has Quick ratio of 2.72
- Birlasoft has Quick ratio of 2.72