POSCO Inc Quick ratio
What is the Quick ratio of POSCO Inc?
The Quick ratio of POSCO Holdings Inc is 1.36
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 Materials sector on NYSE compared to POSCO Inc
What does POSCO Inc do?
POSCO is a South Korean steel-making company headquartered in Pohang, South Korea.
Companies with quick ratio similar to POSCO Inc
- Shriram EPC has Quick ratio of 1.36
- Jericho Oil has Quick ratio of 1.36
- SDL plc has Quick ratio of 1.36
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- POSCO Inc has Quick ratio of 1.36
- Formula Systems (1985) has Quick ratio of 1.36
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