Public Service Enterprise Group Quick Ratio 2010-2024 | PEG
- Public Service Enterprise Group average quick ratio for 2023 was 0.52, a 14.75% decline from 2022.
- Public Service Enterprise Group average quick ratio for 2022 was 0.61, a 8.96% decline from 2021.
- Public Service Enterprise Group average quick ratio for 2021 was 0.67, a 24.07% 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.