Newmont Quick Ratio 2010-2024 | NEM

Newmont quick ratio for the quarter ending September 30, 2024 was 1.73.

  • Newmont average quick ratio for 2023 was 1.64, a 28.38% increase from 2022.
  • Newmont average quick ratio for 2022 was 2.29, a 1.72% decline from 2021.
  • Newmont average quick ratio for 2021 was 2.33, a 6.05% 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.

Newmont Quick Ratio 2010-2024 | NEM

  • Newmont average quick ratio for 2023 was 1.64, a 28.38% increase from 2022.
  • Newmont average quick ratio for 2022 was 2.29, a 1.72% decline from 2021.
  • Newmont average quick ratio for 2021 was 2.33, a 6.05% 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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