Sabine Royalty Trust Quick ratio
What is the Quick ratio of Sabine Royalty Trust?
The Quick ratio of Sabine Royalty Trust is 41.95
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 Sabine Royalty Trust
Companies with quick ratio similar to Sabine Royalty Trust
- Coppercorp Resources Inc has Quick ratio of 40.94
- Cliffside Capital has Quick ratio of 40.94
- Oramed Pharmaceuticals, Inc has Quick ratio of 41.06
- The Income & Growth VCT has Quick ratio of 41.07
- Mangalam Industrial Finance has Quick ratio of 41.36
- Armadale Capital Plc has Quick ratio of 41.47
- Sabine Royalty Trust has Quick ratio of 41.95
- Millennial Lithium has Quick ratio of 42.04
- Millennial Lithium has Quick ratio of 42.04
- Millennial Lithium has Quick ratio of 42.04
- Archer Materials has Quick ratio of 42.06
- Cypress Development has Quick ratio of 42.15
- Outback Goldfields Corp has Quick ratio of 42.23