The Quick ratio of Internet Gold - Golden Lines Ltd. is 51.16
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.
Internet Gold - Golden Lines Ltd. provides various telecommunications services in Israel. The company offers fixed line, Internet, wired telephony, transmission and data communication, cloud and digital, and other services. It also provides cellular services; and sells terminal equipment. The company was incorporated in 1992 and is headquartered in Ramat Gan, Israel. Internet Gold - Golden Lines Ltd. is a subsidiary of Eurocom Communications Ltd.