3M Quick Ratio 2010-2025 | MMM

3M quick ratio for the quarter ending March 31, 2025 was 1.25.

  • 3M average quick ratio for 2024 was 1.13, a 32.94% increase from 2023.
  • 3M average quick ratio for 2023 was 0.85, a 11.46% increase from 2022.
  • 3M average quick ratio for 2022 was 0.96, a 21.31% 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.

3M Quick Ratio 2010-2025 | MMM

  • 3M average quick ratio for 2024 was 1.13, a 32.94% increase from 2023.
  • 3M average quick ratio for 2023 was 0.85, a 11.46% increase from 2022.
  • 3M average quick ratio for 2022 was 0.96, a 21.31% 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.
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