BHP Group Quick Ratio 2010-2023 | BHP

BHP Group quick ratio for the quarter ending December 31, 2023 was 1.22.

  • BHP Group average quick ratio for 2022 was 1.34, a 12.99% decline from 2021.
  • BHP Group average quick ratio for 2021 was 1.54, a 36.28% decline from 2020.
  • BHP Group average quick ratio for 2020 was 1.13, a 22.6% increase from 2019.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.

BHP Group Quick Ratio 2010-2023 | BHP

  • BHP Group average quick ratio for 2022 was 1.34, a 12.99% decline from 2021.
  • BHP Group average quick ratio for 2021 was 1.54, a 36.28% decline from 2020.
  • BHP Group average quick ratio for 2020 was 1.13, a 22.6% increase from 2019.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.
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