Sumitomo Quick Ratio 2012-2024 | SSUMY

Sumitomo quick ratio for the quarter ending June 30, 2024 was 1.17.

  • Sumitomo average quick ratio for 2023 was 1.18, a 1.67% decline from 2022.
  • Sumitomo average quick ratio for 2022 was 1.2, a 2.56% decline from 2021.
  • Sumitomo average quick ratio for 2021 was 1.17, a 2.63% 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.

Sumitomo Quick Ratio 2012-2024 | SSUMY

  • Sumitomo average quick ratio for 2023 was 1.18, a 1.67% decline from 2022.
  • Sumitomo average quick ratio for 2022 was 1.2, a 2.56% decline from 2021.
  • Sumitomo average quick ratio for 2021 was 1.17, a 2.63% 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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