How Can a Company Quickly Increase Its Liquidity Ratio?
What Is a Liquidity Ratio? A liquidity ratio is a measurement of a company’s ability to pay off its current debts with its current assets. There are various types of liquidity ratios, including the current ratio and the quick ratio. Usually, a liquidity ratio greater than 1 is a positive sign. But a very high
INEOS Completes Acquisition of CNOOC Assets in US Gulf
The INEOS Group has completed its purchase of China National Offshore Oil Corp.’s (CNOOC) stakes on the United States side of the Gulf of Mexico. The acquisition consisted of non-operating stakes in deepwater early-production projects Appomattox and Stampede, as well as “several mature assets and supporting business”, according to INEOS. CNOOC held a 25 percent