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Silver Heritage Quick ratio

What is the Quick ratio of Silver Heritage?

The Quick ratio of Silver Heritage Group Limited is 0.19

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 Consumer Discretionary sector on ASX compared to Silver Heritage

What does Silver Heritage do?

Silver Heritage Group Limited operates and manages casinos in Nepal. It owns and operates Tiger Palace Resort with 100 5 star rooms and 2 villas. The company also operates The Millionaire's Club & Casino with 20 table games and 36 slot machines in Kathmandu, Nepal; and manages gaming operations at the Phoenix International Club in Bac Ninh, Vietnam. The company was founded in 2003 and is headquartered in Wanchai, Hong Kong.

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