Liquefied Natural Gas Quick ratio
What is the Quick ratio of Liquefied Natural Gas?
The Quick ratio of Liquefied Natural Gas Limited is 2.56
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 Energy sector on ASX compared to Liquefied Natural Gas
What does Liquefied Natural Gas do?
Liquefied Natural Gas Limited, together with its subsidiaries, engages in the identification and progression of liquefied natural gas (LNG) development projects to facilitate the production and sale of LNG. It operates through LNG Infrastructure, and Technology and Licensing segments. The company's projects include the Magnolia LNG project located in Lake Charles, Louisiana, the United States; and the Bear Head LNG project situated in Point Tupper, Richmond County, Nova Scotia, Canada. It also designs, develops, owns, and patents OSMR LNG liquefaction process. The company is headquartered in Houston, Texas.
Companies with quick ratio similar to Liquefied Natural Gas
- Applied Industrial Technologies has Quick ratio of 2.56
- Kula Gold has Quick ratio of 2.56
- IntelGenx Technologies has Quick ratio of 2.56
- HCL Technologies has Quick ratio of 2.56
- Wipro has Quick ratio of 2.56
- Glu Mobile Inc has Quick ratio of 2.56
- Liquefied Natural Gas has Quick ratio of 2.56
- Games Workshop Plc has Quick ratio of 2.56
- Lindsay has Quick ratio of 2.56
- Kalium Lakes has Quick ratio of 2.56
- Imax Corp has Quick ratio of 2.56
- The Swatch AG has Quick ratio of 2.56
- The Swatch AG has Quick ratio of 2.56