Indiva Quick ratio
What is the Quick ratio of Indiva?
The Quick ratio of Indiva Ltd. is 0.45
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 TSXV compared to Indiva
What does Indiva do?
Indiva Limited operates as a licensed producer of cannabis products in Canada. It creates premium pre-rolls, flower, capsules, and edible products, as well as provides production and manufacturing services to peer entities. The company produces and distributes the Bhang Chocolate, Wana Sour Gummies, Ruby Cannabis Sugar, Sapphire Cannabis Salt, Artisan Batch, and other powered by INDIVA products through license agreements and partnerships. Indiva Limited is based in Ottawa, Canada.
Companies with quick ratio similar to Indiva
- Melrose Industries Plc has Quick ratio of 0.45
- IMP Powers has Quick ratio of 0.45
- Vocus has Quick ratio of 0.45
- Hummingbird Resources Plc has Quick ratio of 0.45
- CHP Merger Corp has Quick ratio of 0.45
- Simavita has Quick ratio of 0.45
- Indiva has Quick ratio of 0.45
- Waterloo Brewing has Quick ratio of 0.45
- Peet has Quick ratio of 0.45
- Hank Payments has Quick ratio of 0.45
- Oasis Petroleum has Quick ratio of 0.45
- One World Universe Inc has Quick ratio of 0.45
- Oasis Petroleum has Quick ratio of 0.45