Honda Quick Ratio 2010-2024 | HMC

Honda quick ratio for the quarter ending September 30, 2024 was 1.12.

  • Honda average quick ratio for 2023 was 1.12, a 0.88% decline from 2022.
  • Honda average quick ratio for 2022 was 1.13, a 10.78% decline from 2021.
  • Honda average quick ratio for 2021 was 1.02, a 0.99% 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.

Honda Quick Ratio 2010-2024 | HMC

  • Honda average quick ratio for 2023 was 1.12, a 0.88% decline from 2022.
  • Honda average quick ratio for 2022 was 1.13, a 10.78% decline from 2021.
  • Honda average quick ratio for 2021 was 1.02, a 0.99% 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.