Cimarex Co Quick ratio
What is the Quick ratio of Cimarex Co?
The Quick ratio of Cimarex Energy Co. is 1.07
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 Cimarex Co
What does Cimarex Co do?
Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Anadarko and Permian Basins of the U.S.
Companies with quick ratio similar to Cimarex Co
- Kaveri Seed has Quick ratio of 1.07
- Cyclacel Pharmaceuticals Inc has Quick ratio of 1.07
- McPherson's has Quick ratio of 1.07
- JMC Projects (India) has Quick ratio of 1.07
- Ingevity Corp has Quick ratio of 1.07
- Mpac plc has Quick ratio of 1.07
- Cimarex Co has Quick ratio of 1.07
- CRA International has Quick ratio of 1.07
- Breedon plc has Quick ratio of 1.07
- A.O. Smith has Quick ratio of 1.07
- TCF Corp has Quick ratio of 1.07
- Hengtai Securities Co., Ltd has Quick ratio of 1.07
- Hong Kong Exchanges and Clearing has Quick ratio of 1.07