Edison Quick Ratio 2010-2024 | EIX
- Edison average quick ratio for 2023 was 0.77, a 32.76% increase from 2022.
- Edison average quick ratio for 2022 was 0.58, a 0% increase from 2021.
- Edison average quick ratio for 2021 was 0.58, a 9.38% 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.