FirstEnergy Quick Ratio 2010-2025 | FE
- FirstEnergy average quick ratio for 2024 was 0.48, a 4.35% decline from 2023.
- FirstEnergy average quick ratio for 2023 was 0.46, a 14.81% increase from 2022.
- FirstEnergy average quick ratio for 2022 was 0.54, a 16.92% decline from 2021.
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.