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Affluent Partners Quick ratio

What is the Quick ratio of Affluent Partners?

The Quick ratio of Affluent Partners Holdings Limited is 1.88

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 Consumer Discretionary sector on HKSE compared to Affluent Partners

What does Affluent Partners do?

Affluent Partners Holdings Limited, an investment holding company, engages in the purchasing, processing, designing, production, assembling, trading, and wholesale distribution of pearls and jewelry products. The company operates through two segments, Sale of Pearls and Jewellery Products, and Strategic Investment and Financial Services. It offers South Sea, Tahitian, and freshwater pearls; and a range of jewelry products on ODM and OEM basis. The company is also involved in the real estate financial assets investment business. It has operations in Hong Kong, the United Kingdom, the United States, Japan, Europe, and the People's Republic of China. The company was formerly known as Man Sang Jewellery Holdings Limited and changed its name to Affluent Partners Holdings Limited in February 2017. Affluent Partners Holdings Limited was incorporated in 2014 and is based in Central, Hong Kong.

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