Shenzhen Chipscreen Biosciences Co Quick ratio
What is the Quick ratio of Shenzhen Chipscreen Biosciences Co?
The Quick ratio of Shenzhen Chipscreen Biosciences Co., Ltd. is 2.71
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 Health Care sector on SSE compared to Shenzhen Chipscreen Biosciences Co
What does Shenzhen Chipscreen Biosciences Co do?
Shenzhen Chipscreen Biosciences Co., Ltd. engages in the research, development, and sale of original small molecule drugs. The company develops precursor compounds and original new drug product lines that are in various research phase of the specific global intellectual property protection in three areas, such as cancer, metabolic diseases, and autoimmune diseases. Shenzhen Chipscreen Biosciences Co., Ltd. was founded in 2001 and is based in Shenzhen, China.
Companies with quick ratio similar to Shenzhen Chipscreen Biosciences Co
- Metallis Resources has Quick ratio of 2.71
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- Crimson Wine has Quick ratio of 2.71
- Shenzhen Chipscreen Biosciences Co has Quick ratio of 2.71
- Insulet has Quick ratio of 2.71
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- Lincoln Pharmaceuticals has Quick ratio of 2.71
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