National Grid Transco Quick Ratio 2010-2024 | NGG

National Grid Transco quick ratio for the quarter ending March 31, 2024 was 0.84.

  • National Grid Transco average quick ratio for 2023 was 0.87, a 27.94% decline from 2022.
  • National Grid Transco average quick ratio for 2022 was 0.68, a 19.05% increase from 2021.
  • National Grid Transco average quick ratio for 2021 was 0.84, a 27.27% 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.

National Grid Transco Quick Ratio 2010-2024 | NGG

  • National Grid Transco average quick ratio for 2023 was 0.87, a 27.94% decline from 2022.
  • National Grid Transco average quick ratio for 2022 was 0.68, a 19.05% increase from 2021.
  • National Grid Transco average quick ratio for 2021 was 0.84, a 27.27% 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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