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'Top end of the range'

Fonterra signals that its upcoming full year financial results will be good and for the year to July 2026 its earnings will be at the top end of what it has previously advised

2nd Sep 26, 9:23am

by admin

Fonterra signals that its upcoming full year financial results will be good and for the year to July 2026 its earnings will be at the top end of what it has previously advised

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Definition: Acid test ratio. The acid-test ratio or 'quick ratio' helps to show whether a company can quickly pay off its short-term debts using its most liquid assets. A ratio above 1.0 is generally a good sign. This ratio is more conservative than the current ratio because it leaves out inventory and other assets that aren't easily converted into cash.

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