Ecopetrol SA Quick ratio
What is the Quick ratio of Ecopetrol SA?
The Quick ratio of Ecopetrol SA is 1.06
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 NYSE compared to Ecopetrol SA
What does Ecopetrol SA do?
Ecopetrol, formerly known as Empresa Colombiana de Petróleos S.A. is the largest and primary petroleum company in Colombia.
Companies with quick ratio similar to Ecopetrol SA
- RIT Capital Partners Plc has Quick ratio of 1.06
- Aspinwall and has Quick ratio of 1.06
- VOXX International Corp has Quick ratio of 1.06
- SoftBank has Quick ratio of 1.06
- Prosper One International has Quick ratio of 1.06
- W & T Offshore Inc has Quick ratio of 1.06
- Ecopetrol SA has Quick ratio of 1.06
- Fiserv has Quick ratio of 1.06
- Genesis has Quick ratio of 1.06
- Webis plc has Quick ratio of 1.06
- Laramide Resources has Quick ratio of 1.06
- Laramide Resources has Quick ratio of 1.06
- Bouvet ASA has Quick ratio of 1.06