Is 0.8 a good liquidity ratio?

Could you please elaborate on why you're asking if 0.8 is considered a good liquidity ratio? Liquidity ratios vary depending on the industry and company size, so it's important to understand the context. Additionally, a liquidity ratio of 0.8 might indicate that a company has a lower level of liquid assets compared to its short-term liabilities, which could potentially pose risks if the company needs to access cash quickly. Is there a specific scenario or context you're considering when asking this question?