Biogen Quick Ratio 2010-2024 | BIIB

Biogen quick ratio for the quarter ending September 30, 2024 was 0.8.

  • Biogen average quick ratio for 2023 was 2, a 1.48% decline from 2022.
  • Biogen average quick ratio for 2022 was 2.03, a 26.88% decline from 2021.
  • Biogen average quick ratio for 2021 was 1.6, a 9.6% increase from 2020.

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.

Biogen Quick Ratio 2010-2024 | BIIB

  • Biogen average quick ratio for 2023 was 2, a 1.48% decline from 2022.
  • Biogen average quick ratio for 2022 was 2.03, a 26.88% decline from 2021.
  • Biogen average quick ratio for 2021 was 1.6, a 9.6% increase from 2020.

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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