G4S Plc Quick ratio
What is the Quick ratio of G4S Plc?
The Quick ratio of G4S Plc is 1.33
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 Industrials sector on LSE compared to G4S Plc
What does G4S Plc do?
G4S plc, together with its subsidiaries, provides security and related services in Africa, the Americas, Asia, Europe, and the Middle East. The company offers software tools, including evidence based risk assessment, incident management, and travel advisory systems, such as RISK360; and proprietary security systems comprising symmetry connect access control and visitor management systems. It also provides custody, detention, rehabilitation, and care services; automated cash solutions for retailers, automated bulk-teller solution for banks, and mobile banking services, as well as G4S Pay, a retail cash solution; and security advice, risk mitigation strategies, secure support, and integrated solutions. The company serves corporates and industrials, government, financial institutions, private energy/utilities, and ports and airports, as well as the retail, transport and logistics, and leisure and tourism sectors. G4S plc was founded in 1901 and is based in London, the United Kingdom.
Companies with quick ratio similar to G4S Plc
- Canadian Life Companies Split has Quick ratio of 1.33
- GAIN Capital has Quick ratio of 1.33
- Veoneer Inc has Quick ratio of 1.33
- Condor Petroleum has Quick ratio of 1.33
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- InnerWorkings has Quick ratio of 1.33
- G4S Plc has Quick ratio of 1.33
- Senci Electric Machinery Co has Quick ratio of 1.33
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- LION E-Mobility AG has Quick ratio of 1.33
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