Gerdau S.A Quick Ratio 2010-2024 | GGB

Gerdau S.A quick ratio for the quarter ending September 30, 2024 was 1.53.

  • Gerdau S.A average quick ratio for 2023 was 1.28, a 14.29% increase from 2022.
  • Gerdau S.A average quick ratio for 2022 was 1.12, a 13.85% increase from 2021.
  • Gerdau S.A average quick ratio for 2021 was 1.3, a 4.84% 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.

Gerdau S.A Quick Ratio 2010-2024 | GGB

  • Gerdau S.A average quick ratio for 2023 was 1.28, a 14.29% increase from 2022.
  • Gerdau S.A average quick ratio for 2022 was 1.12, a 13.85% increase from 2021.
  • Gerdau S.A average quick ratio for 2021 was 1.3, a 4.84% 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.
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