Binny Quick ratio
What is the Quick ratio of Binny?
The Quick ratio of Binny Limited is 7.83
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 BSE compared to Binny
What does Binny do?
Binny Limited operates in the real estate business in India. It focuses on developing a portfolio of commercial, retail, entertainment, and hospitality properties. The company was founded in 1799 and is based in Chennai, India.
Companies with quick ratio similar to Binny
- North Atlantic Smaller Cos Investment Trust Plc has Quick ratio of 7.81
- Ynvisible Interactive has Quick ratio of 7.81
- Redstar Gold has Quick ratio of 7.82
- OCI International has Quick ratio of 7.82
- CS Disco has Quick ratio of 7.82
- Guangdong Join-Share Financing Guarantee Investment Co has Quick ratio of 7.82
- Binny has Quick ratio of 7.83
- Prelude Therapeutics Inc has Quick ratio of 7.83
- Gimv NV has Quick ratio of 7.83
- Riley Resources has Quick ratio of 7.83
- La Opala RG has Quick ratio of 7.84
- Akatsuki has Quick ratio of 7.85
- C3.ai Inc has Quick ratio of 7.86