Fortescue Quick Ratio 2010-2024 | FSUGY

Fortescue quick ratio for the quarter ending June 30, 2024 was 2.1.

  • Fortescue average quick ratio for 2023 was 2.15, a 8.12% decline from 2022.
  • Fortescue average quick ratio for 2022 was 2.34, a 28.57% decline from 2021.
  • Fortescue average quick ratio for 2021 was 1.82, a 2.67% 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.

Fortescue Quick Ratio 2010-2024 | FSUGY

  • Fortescue average quick ratio for 2023 was 2.15, a 8.12% decline from 2022.
  • Fortescue average quick ratio for 2022 was 2.34, a 28.57% decline from 2021.
  • Fortescue average quick ratio for 2021 was 1.82, a 2.67% 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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