The Quick ratio of S&S Power Switchgear Limited is 0.28
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.
S&S Power Switchgear Limited designs, manufactures, and sells circuit breaker products for indoor and outdoor applications in India and internationally. It offers spare parts and services; retrofit solutions, including circuit breaker and disconnector retrofit solutions; circuit breakers; medium voltage switchgear panels; and offload disconnectors, such as center and double breaks, pantographs, and vertical breaks. The company also provides electrical controls; relay panels; and automation solutions as well as after sale services. In addition, it provides high voltage substation services; training and assessment services; and warranty and non-warranty services, as well as engages in the refurbishment and renovation of disconnectors. Further, the company offers its products online. S&S Power Switchgear Limited was incorporated in 1975 and is based in Maraimalai Nagar, India.