ConocoPhillips Quick Ratio 2010-2024 | COP

ConocoPhillips quick ratio for the quarter ending September 30, 2024 was 1.16.

  • ConocoPhillips average quick ratio for 2023 was 1.35, a 3.57% decline from 2022.
  • ConocoPhillips average quick ratio for 2022 was 1.4, a 19.08% decline from 2021.
  • ConocoPhillips average quick ratio for 2021 was 1.73, a 20.64% decline 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.

ConocoPhillips Quick Ratio 2010-2024 | COP

  • ConocoPhillips average quick ratio for 2023 was 1.35, a 3.57% decline from 2022.
  • ConocoPhillips average quick ratio for 2022 was 1.4, a 19.08% decline from 2021.
  • ConocoPhillips average quick ratio for 2021 was 1.73, a 20.64% decline 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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