Chevron Quick Ratio 2010-2024 | CVX

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

  • Chevron average quick ratio for 2023 was 1.07, a 9.32% decline from 2022.
  • Chevron average quick ratio for 2022 was 1.18, a 21.65% decline from 2021.
  • Chevron average quick ratio for 2021 was 0.97, a 8.99% 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.

Chevron Quick Ratio 2010-2024 | CVX

  • Chevron average quick ratio for 2023 was 1.07, a 9.32% decline from 2022.
  • Chevron average quick ratio for 2022 was 1.18, a 21.65% decline from 2021.
  • Chevron average quick ratio for 2021 was 0.97, a 8.99% 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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