Consolidated Edison Inc Quick Ratio 2010-2024 | ED
- Consolidated Edison Inc average quick ratio for 2023 was 0.98, a 8.89% decline from 2022.
- Consolidated Edison Inc average quick ratio for 2022 was 0.9, a 8.43% increase from 2021.
- Consolidated Edison Inc average quick ratio for 2021 was 0.83, a 27.69% 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.