Unique Fabricating Inc Quick ratio
What is the Quick ratio of Unique Fabricating Inc?
The Quick ratio of Unique Fabricating Inc is 0.52
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 Consumer Discretionary sector on NYSEMKT compared to Unique Fabricating Inc
What does Unique Fabricating Inc do?
•cost estimating of various parts based on material, labor and packaging •step-by-step labor cost analysis •packaging pattern/design •packaging cost configuration •cost breakdowns of the parts and tooling for different costumers •automating tasks and generating reports using microsoft excel •report analysis to generate profit margins per different jobs
Companies with quick ratio similar to Unique Fabricating Inc
- Delta Air Lines has Quick ratio of 0.52
- DTE Co has Quick ratio of 0.52
- Marathon Oil has Quick ratio of 0.52
- HSIL has Quick ratio of 0.52
- Elegance Optical International has Quick ratio of 0.52
- Mineral Commodities Ltd has Quick ratio of 0.52
- Unique Fabricating Inc has Quick ratio of 0.52
- Thunderbird Resorts has Quick ratio of 0.52
- Amerisource Bergen has Quick ratio of 0.52
- Best Food has Quick ratio of 0.52
- Fidelity National Inc has Quick ratio of 0.52
- Northstar Gold has Quick ratio of 0.52
- Century Entertainment International has Quick ratio of 0.52