Pacific Gas & Electric Quick Ratio 2010-2024 | PCG
- Pacific Gas & Electric average quick ratio for 2023 was 0.81, a 10.96% increase from 2022.
- Pacific Gas & Electric average quick ratio for 2022 was 0.73, a 14.06% increase from 2021.
- Pacific Gas & Electric average quick ratio for 2021 was 0.64, a 16.88% increase 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.