NOV Quick Ratio 2010-2024 | NOV

NOV quick ratio for the quarter ending June 30, 2024 was 1.64.

  • NOV average quick ratio for 2023 was 1.46, a 8.75% increase from 2022.
  • NOV average quick ratio for 2022 was 1.6, a 16.67% decline from 2021.
  • NOV average quick ratio for 2021 was 1.92, a 0.52% 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.

NOV Quick Ratio 2010-2024 | NOV

  • NOV average quick ratio for 2023 was 1.46, a 8.75% increase from 2022.
  • NOV average quick ratio for 2022 was 1.6, a 16.67% decline from 2021.
  • NOV average quick ratio for 2021 was 1.92, a 0.52% 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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