Essential Utilities Quick Ratio 2010-2025 | WTRG
- Essential Utilities average quick ratio for 2024 was 0.44, a 4.76% increase from 2023.
- 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.
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.