NewMarket Quick Ratio 2010-2024 | NEU

NewMarket quick ratio for the quarter ending September 30, 2024 was 1.5.

  • NewMarket average quick ratio for 2023 was 1.65, a 19.57% decline from 2022.
  • NewMarket average quick ratio for 2022 was 1.38, a 37.84% increase from 2021.
  • NewMarket average quick ratio for 2021 was 2.22, a 30.59% 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.

NewMarket Quick Ratio 2010-2024 | NEU

  • NewMarket average quick ratio for 2023 was 1.65, a 19.57% decline from 2022.
  • NewMarket average quick ratio for 2022 was 1.38, a 37.84% increase from 2021.
  • NewMarket average quick ratio for 2021 was 2.22, a 30.59% 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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