Gores IV Quick ratio
What is the Quick ratio of Gores IV?
The Quick ratio of Gores Holdings IV, Inc. is 0.11
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 Finance sector on NASDAQ compared to Gores IV
What does Gores IV do?
Gores Holdings IV, Inc. intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or related business combination with one or more businesses. The company was founded in 2019 and is based in Beverly Hills, California.
Companies with quick ratio similar to Gores IV
- New West Services has Quick ratio of 0.11
- Net Zero Renewable Inc has Quick ratio of 0.11
- EnerDynamic Hybrid Technologies has Quick ratio of 0.11
- Nuveen S&P 500 Dynamic Overwrite Fund has Quick ratio of 0.11
- KemPharm has Quick ratio of 0.11
- HDFC Life Insurance has Quick ratio of 0.11
- Gores IV has Quick ratio of 0.11
- Legend Strategy International has Quick ratio of 0.11
- Jayaswal Neco Industries has Quick ratio of 0.11
- Mongolia Growth has Quick ratio of 0.11
- EnGold Mines has Quick ratio of 0.11
- Borr Drilling Ltd has Quick ratio of 0.11
- Sun Pharma Advanced Research has Quick ratio of 0.11