La Forestiere Equatoriale SA Quick ratio
What is the Quick ratio of La Forestiere Equatoriale SA?
The Quick ratio of La Forestiere Equatoriale SA is 11.88
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 Industrials sector on EURONEXT compared to La Forestiere Equatoriale SA
What does La Forestiere Equatoriale SA do?
La Forestière Equatoriale SA, through its subsidiary, Sitarail, operates a railway network that transports people and goods between Ivory Coast and Burkina Faso. The company is based in Abidjan, Ivory Coast.
Companies with quick ratio similar to La Forestiere Equatoriale SA
- Pender Street Capital Corp has Quick ratio of 11.84
- Southern Empire Resources has Quick ratio of 11.86
- Southern Empire Resources has Quick ratio of 11.86
- Northway Resources has Quick ratio of 11.86
- HC (Asia) Co has Quick ratio of 11.86
- Papyrus Australia has Quick ratio of 11.87
- La Forestiere Equatoriale SA has Quick ratio of 11.88
- Sienna Cancer Diagnostics has Quick ratio of 11.91
- Taiwan Fund Inc has Quick ratio of 11.93
- Minco Silver has Quick ratio of 11.93
- Artemis Gold has Quick ratio of 11.96
- Pershing Square Tontine has Quick ratio of 11.97
- Scottie Resources has Quick ratio of 11.97