Rio Tinto Quick Ratio 2010-2024 | RIO

Rio Tinto quick ratio for the quarter ending June 30, 2024 was 1.16.

  • Rio Tinto average quick ratio for 2023 was 1.27, a 4.1% decline from 2022.
  • Rio Tinto average quick ratio for 2022 was 1.22, a 25.61% increase from 2021.
  • Rio Tinto average quick ratio for 2021 was 1.64, a 21.48% 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.

Rio Tinto Quick Ratio 2010-2024 | RIO

  • Rio Tinto average quick ratio for 2023 was 1.27, a 4.1% decline from 2022.
  • Rio Tinto average quick ratio for 2022 was 1.22, a 25.61% increase from 2021.
  • Rio Tinto average quick ratio for 2021 was 1.64, a 21.48% 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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