QLY Biotech Group Corp (LQLY)
1.00
0.00 (0.00%)
USD |
OTCM |
Nov 14, 16:00
QLY Biotech Group Quick Ratio (Quarterly)
Quick Ratio (Quarterly) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Quick Ratio (Quarterly) Data
| Date | Value |
|---|---|
| August 31, 2021 | -- |
| May 31, 2021 | -- |
| February 28, 2021 | -- |
| November 30, 2020 | -- |
| Date | Value |
|---|---|
| August 31, 2020 | -- |
| May 31, 2020 | -- |
| February 29, 2020 | -- |
Quick Ratio Definition
The Quick Ratio, also known as the acid-test ratio, is a solvency metric used to determine a firm's ability to pay down current liabilities with its cash, short term equivalents, and accounts receivables. This ratio was nicknamed quick to describe the "quick assets" needed to pay down any current liabilities.