As of May 31, 2025, R&Q Insurance Holdings Ltd (RQIH.L) reports a Current Ratio of 4.23.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Comparing R&Q Insurance Holdings Ltd's Current Ratio to Peers
To better understand R&Q Insurance Holdings Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
R&Q Insurance Holdings Ltd (RQIH.L) | 4.23 |
Watchstone Group PLC (WTG.L) | 9.30 |
CIG Pannonia Eletbiztosito Nyrt (CIGPANNONIA.BD) | 6.11 |
Lancashire Holdings Ltd (LRE.L) | 2.71 |
Votum SA (VOT.WA) | 2.55 |
Vatryggingafelag Islands hf (VIS.IC) | 2.52 |
Compared to its competitors, R&Q Insurance Holdings Ltd's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.