The Quick ratio of Bangfu Technology Group Co Ltd. is N/A
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.
Bangfu Technology Group Co., Ltd. does not have significant operations. It intends to develop personal daily life assistance mobile applications, online educational trainings, and employment recruitment services. The company was formerly known as Kelinda, Inc. and changed its name to Bangfu Technology Group Co., Ltd. in June 2020. Bangfu Technology Group Co., Ltd. was incorporated in 2017 and is based in Liuzhou, the People's Republic of China.