Eaton Quick Ratio 2010-2024 | ETN

Eaton quick ratio for the quarter ending June 30, 2024 was 1.07.

  • Eaton average quick ratio for 2023 was 0.97, a 38.57% increase from 2022.
  • Eaton average quick ratio for 2022 was 0.7, a 16.67% increase from 2021.
  • Eaton average quick ratio for 2021 was 0.84, a 28.81% 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.

Eaton Quick Ratio 2010-2024 | ETN

  • Eaton average quick ratio for 2023 was 0.97, a 38.57% increase from 2022.
  • Eaton average quick ratio for 2022 was 0.7, a 16.67% increase from 2021.
  • Eaton average quick ratio for 2021 was 0.84, a 28.81% 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.