Shell Quick Ratio 2010-2024 | SHEL

Shell quick ratio for the quarter ending September 30, 2024 was 1.13.

  • Shell average quick ratio for 2023 was 1.17, a 7.34% decline from 2022.
  • Shell average quick ratio for 2022 was 1.09, a 4.81% increase from 2021.
  • Shell average quick ratio for 2021 was 1.04, a 5.05% 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.

Shell Quick Ratio 2010-2024 | SHEL

  • Shell average quick ratio for 2023 was 1.17, a 7.34% decline from 2022.
  • Shell average quick ratio for 2022 was 1.09, a 4.81% increase from 2021.
  • Shell average quick ratio for 2021 was 1.04, a 5.05% 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.
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