Nigerian Exchange Group

Nigerian Exchange Group Quick Ratio

The Quick Ratio (Acid Test) of Nigerian Exchange Group (NGXGROUP.NL) as of Nov 4, 2026 is 0.52. In the previous year, Quick Ratio (Acid Test) was 0.41 — a change of 26.64% (higher).

Quick Ratio

0.52

YoY

26.64%

Last updated:

Quick Ratio (Acid Test) of Nigerian Exchange Group is 2024 0.52 . Quick Ratio (Acid Test) of Nigerian Exchange Group was 2023 0.41 . It decreases by 26.64% higher compared to the previous year.

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Nigerian Exchange Group Stock analysis

What does Nigerian Exchange Group do? Nigerian Exchange Group Plc generates revenue through its subsidiaries offering market data solutions, securities listing and trading platforms, and regulatory services. Nigerian Exchange Limited provides facilities for securities trading and market data indices sold to the public. NGX Regulation Limited offers regulatory services. NGX Real Estate Limited manages property letting and investments, while Coral Properties Limited handles real estate development and sales. NSE Consult Limited serves financial advisers and consultants. The company's primary customers include investors, financial institutions, and real estate clients seeking market infrastructure and advisory services. The firm's revenue streams are derived from licensing market data, securities trading fees, real estate leasing, and consultancy services. Nigerian Exchange Limited's platform supports public securities transactions and data sales, while NGX Regulation Limited's regulatory services cater to market participants. Coral Properties Limited's real estate development targets property buyers, and NSE Consult Limited's advisory services are used by financial professionals. Nigerian Exchange Group Plc's business model integrates capital market infrastructure with real estate and consultancy services. Its subsidiaries operate across multiple segments: market data for public and institutional buyers, securities trading for investors, regulatory oversight for market participants, and real estate development for property clients. The company monetizes these segments through direct sales of data, transaction fees, property leases, and consultancy contracts. Nigerian Exchange Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Nigerian Exchange Group stock

Quick Ratio (Acid Test) of Nigerian Exchange Group is 0.52 in 2024.

Quick Ratio (Acid Test) of Nigerian Exchange Group changed from 0.41 to 0.52, representing a 26.64% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Nigerian Exchange Group since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Nigerian Exchange Group with sector peers and the industry average to assess whether it is attractive.

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Leverage — Nigerian Exchange Group

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