The company voluntarily submitted its petition in the U.S. Bankruptcy Court for the District of Delaware and is now seeking court approval to auction off its assets under Section 363 of the U.S ...

With dwindling cash on hand, its leaders are seeking a relatively fast sale of its assets. The long-troubled Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday. News from ...

The company voluntarily submitted its petition in the U.S. Bankruptcy Court for the District of Delaware and is now seeking court approval to auction off its assets under Section 363 of the U.S.

It may also indicate that the firm failed to utilize its assets significantly. Hence, a range of 1-3 is considered ideal. Quick Ratio: Unlike the current ratio, the quick ratio — the “acid ...

NSW’s highest court has frozen 20 properties worth more than $32m belonging to the family members of Qartaba Homes’ disgraced and now bankrupt directors to stop a quick asset sell-off ...

The current ratio can be calculated by dividing quick assets (current assets minus inventory) by current liabilities. This ratio is also known as the quick ratio or acid test. Regarding current ...

See also: Nikola files for Chapter 11 bankruptcy protection, seeks quick asset sale “We’ve been trying, working with the sales team to understand, ‘Guys, we need more freight close to our ...

New Delhi: The government is exploring urgent legislative changes to ensure swift approvals from the Competition Commission of India (CCI) for the sale of distressed assets after a Supreme Court (SC) ...

One of Trump’s headline proposals is creating a Strategic Bitcoin Reserve for the US, treating Bitcoin as a national reserve asset akin to digital gold. The plan centers on stockpiling Bitcoin ...

It's a long shot, but the B's can still pull this off -- here's how. Plus, full playoff projections, draft lottery standings, ...

While the push for state governments to hold digital assets in one way or another generated momentum earlier this year, crypto reserve bills in four states have failed over the last month.

Ukraine has key demands from Russia as well. Kyiv refuses to cede more territory to Moscow, including those in partially ...