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Idea Cellular Quick ratio

What is the Quick ratio of Idea Cellular?

The Quick ratio of Idea Cellular Limited is 0.17

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 Communication Services sector on BSE compared to Idea Cellular

What does Idea Cellular do?

Vodafone Idea Limited operates mobile telecommunications in India. The company offers 2G, 3G, and 4G services; prepaid, postpaid, and roaming services, as well as interconnect and long distance services; voice, data, and enterprise services, as well as various other value added services, including short messaging services, digital services, Internet of Things, etc. It also trades in handsets, data cards, and related accessories; and provides internet, mobile advertisement, toll free services, etc. Vodafone Idea Limited has approximately 293.7 million mobile subscribers. The company was formerly known as Idea Cellular Limited and changed its name to Vodafone Idea Limited in August 2018. Vodafone Idea Limited was incorporated in 1995 and is based in Mumbai, India.

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