Smiths Group Quick Ratio 2016-2024 | SMGZY

Smiths Group quick ratio for the quarter ending July 31, 2024 was 1.39.

  • Smiths Group average quick ratio for 2023 was 1.18, a 32.18% increase from 2022.
  • Smiths Group average quick ratio for 2022 was 1.74, a 28.98% decline from 2021.
  • Smiths Group average quick ratio for 2021 was 2.45, a 6.99% 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.

Smiths Group Quick Ratio 2016-2024 | SMGZY

  • Smiths Group average quick ratio for 2023 was 1.18, a 32.18% increase from 2022.
  • Smiths Group average quick ratio for 2022 was 1.74, a 28.98% decline from 2021.
  • Smiths Group average quick ratio for 2021 was 2.45, a 6.99% 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.