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VirtualArmour International Quick ratio

What is the Quick ratio of VirtualArmour International?

The Quick ratio of VirtualArmour International, Inc. is 6.71

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 Technology sector on OTC compared to VirtualArmour International

What does VirtualArmour International do?

OLDCO International Inc. provides networking and cybersecurity products and solutions to enterprise and service provider markets worldwide. It offers endpoint detection and response, SIEM, infrastructure and firewall, and vulnerability scanning managed services, as well as 24/7/365 operational support services; consulting services, including cloud, SIEM health check, data center optimization, firewall migrations and policy design, security compliance, and remote access VPN services; and hardware and software services. The company was formerly known as VirtualArmour International Inc. and changed its name to OLDCO International Inc. in August 2021. The company is based in Centennial, Colorado.

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