Southern Quick Ratio 2010-2024 | SO

Southern quick ratio for the quarter ending September 30, 2024 was 0.66.

  • Southern average quick ratio for 2023 was 0.58, a 7.94% increase from 2022.
  • Southern average quick ratio for 2022 was 0.63, a 4.55% decline from 2021.
  • Southern average quick ratio for 2021 was 0.66, a 5.71% 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.

Southern Quick Ratio 2010-2024 | SO

  • Southern average quick ratio for 2023 was 0.58, a 7.94% increase from 2022.
  • Southern average quick ratio for 2022 was 0.63, a 4.55% decline from 2021.
  • Southern average quick ratio for 2021 was 0.66, a 5.71% 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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