ZZ Capital International Quick ratio

What is the Quick ratio of ZZ Capital International?

The Quick ratio of ZZ Capital International Limited is 3.95

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.

What does ZZ Capital International do?

Zhongjin Technology Services Group Company Limited, an investment holding company, provides corporate advisory services in the People's Republic of China and internationally. It also offers investment advisory and asset management, proprietary investment, and money lending services. The company also engages in securities dealing activities; and provision of investment funds. In addition, it offers various financing and financial advisory to corporate customers, such as issuance of bonds and preference shares, secondary market placement, issuance of convertible bonds, merger and acquisition financial advisory, and private placement services. Further, the company provides information technology outsourcing, data center, and call center solutions, as well as marketing services. The company was formerly known as ZZ Capital International Limited and changed its name to Zhongjin Technology Services Group Company Limited in April 2021. The company was incorporated in 2010 and is headquartered in Central, Hong Kong. Zhongjin Technology Services Group Company Limited operates as a subsidiary of Zhong Zhi Xin Zhuo Capital Company Ltd.

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