Essential Utilities Quick Ratio 2010-2024 | WTRG

Essential Utilities quick ratio for the quarter ending June 30, 2024 was 0.44.

  • Essential Utilities average quick ratio for 2023 was 0.42, a 12.5% increase from 2022.
  • Essential Utilities average quick ratio for 2022 was 0.48, a 7.69% decline from 2021.
  • Essential Utilities average quick ratio for 2021 was 0.52, a 10.64% 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.

Essential Utilities Quick Ratio 2010-2024 | WTRG

  • Essential Utilities average quick ratio for 2023 was 0.42, a 12.5% increase from 2022.
  • Essential Utilities average quick ratio for 2022 was 0.48, a 7.69% decline from 2021.
  • Essential Utilities average quick ratio for 2021 was 0.52, a 10.64% 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.