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Zenith Birla (India) Quick ratio

What is the Quick ratio of Zenith Birla (India)?

The Quick ratio of Zenith Birla (India) Limited is 0.26

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 NSE compared to Zenith Birla (India)

What does Zenith Birla (India) do?

Zenith Birla (India) Limited manufactures and sells steel pipes in India. Its products include electric resistance welded black, galvanized, and helical submerged arc welded pipes. The company's products are used for various applications, such as agriculture and irrigation water distribution, space frame, fence, transportation of raw and potable water, sprinkler, firefighting system, industrial general engineering, pole, piling, drill rod, chilled water system, container making, transmission tower, ash/slurry transportation, bore-well, structural scaffolding and prop, transportation of oil and gas, electricity conduit, construction water distribution, green house, crude, transportation of sewage disposal irrigation, and oil sector distribution of gas, as well as auto industry. It also exports its products to 79 countries. Zenith Birla (India) Limited was incorporated in 1960 and is based in Mumbai, India.

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