Abbott India Quick ratio
What is the Quick ratio of Abbott India?
The Quick ratio of Abbott India Limited is 3.00
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 BSE compared to Abbott India
What does Abbott India do?
Abbott India Limited operates as a pharmaceutical company in India. It offers pharmaceutical products for various therapeutic areas, such as women's health, gastroenterology, metabolics, central nervous system, pain management, nutritional supplements, vitamins, insomnia, vaccines, consumer health, etc. The company was formerly known as Knoll Pharmaceuticals Limited and changed its name to Abbott India Limited in July 2002. Abbott India Limited was founded in 1944 and is headquartered in Mumbai, India. Abbott India Limited operates as a subsidiary of Abbott Laboratories
Companies with quick ratio similar to Abbott India
- Info Edge (India) has Quick ratio of 3.00
- Jewett-Cameron Trading has Quick ratio of 3.00
- Edwards Lifesciences has Quick ratio of 3.00
- ZoomerMedia has Quick ratio of 3.00
- Banaras Beads has Quick ratio of 3.00
- Compagnie du Mont-Blanc SA has Quick ratio of 3.00
- Abbott India has Quick ratio of 3.00
- Litigation Capital Management has Quick ratio of 3.01
- Freeport Resources has Quick ratio of 3.01
- Diversified Healthcare Trust has Quick ratio of 3.01
- Freeport Resources has Quick ratio of 3.01
- TomaGold has Quick ratio of 3.01
- Hong Kong Economic Times has Quick ratio of 3.01