LyondellBasell Industries Quick Ratio 2010-2024 | LYB

LyondellBasell Industries quick ratio for the quarter ending June 30, 2024 was 1.28.

  • LyondellBasell Industries average quick ratio for 2023 was 1.12, a 9.8% increase from 2022.
  • LyondellBasell Industries average quick ratio for 2022 was 1.02, a 9.73% increase from 2021.
  • LyondellBasell Industries average quick ratio for 2021 was 1.13, a 14.39% 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.

LyondellBasell Industries Quick Ratio 2010-2024 | LYB

  • LyondellBasell Industries average quick ratio for 2023 was 1.12, a 9.8% increase from 2022.
  • LyondellBasell Industries average quick ratio for 2022 was 1.02, a 9.73% increase from 2021.
  • LyondellBasell Industries average quick ratio for 2021 was 1.13, a 14.39% 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.