Shin-Etsu Chemical Quick Ratio 2010-2024 | SHECY

Shin-Etsu Chemical quick ratio for the quarter ending September 30, 2024 was 4.8.

  • Shin-Etsu Chemical average quick ratio for 2023 was 4.71, a 13.22% increase from 2022.
  • Shin-Etsu Chemical average quick ratio for 2022 was 4.16, a 9.17% increase from 2021.
  • Shin-Etsu Chemical average quick ratio for 2021 was 4.58, a 4.09% 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.

Shin-Etsu Chemical Quick Ratio 2010-2024 | SHECY

  • Shin-Etsu Chemical average quick ratio for 2023 was 4.71, a 13.22% increase from 2022.
  • Shin-Etsu Chemical average quick ratio for 2022 was 4.16, a 9.17% increase from 2021.
  • Shin-Etsu Chemical average quick ratio for 2021 was 4.58, a 4.09% 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.