VALE S.A Quick Ratio 2010-2024 | VALE

VALE S.A quick ratio for the quarter ending September 30, 2024 was 0.58.

  • VALE S.A average quick ratio for 2023 was 0.79, a 5.95% decline from 2022.
  • VALE S.A average quick ratio for 2022 was 0.84, a 34.88% decline from 2021.
  • VALE S.A average quick ratio for 2021 was 1.29, a 5.84% 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.

VALE S.A Quick Ratio 2010-2024 | VALE

  • VALE S.A average quick ratio for 2023 was 0.79, a 5.95% decline from 2022.
  • VALE S.A average quick ratio for 2022 was 0.84, a 34.88% decline from 2021.
  • VALE S.A average quick ratio for 2021 was 1.29, a 5.84% 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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