Xcel Energy Quick Ratio 2010-2024 | XEL

Xcel Energy quick ratio for the quarter ending June 30, 2024 was 0.86.

  • Xcel Energy average quick ratio for 2023 was 0.66, a 14.29% increase from 2022.
  • Xcel Energy average quick ratio for 2022 was 0.77, a 5.48% decline from 2021.
  • Xcel Energy average quick ratio for 2021 was 0.73, a 14.06% 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.

Xcel Energy Quick Ratio 2010-2024 | XEL

  • Xcel Energy average quick ratio for 2023 was 0.66, a 14.29% increase from 2022.
  • Xcel Energy average quick ratio for 2022 was 0.77, a 5.48% decline from 2021.
  • Xcel Energy average quick ratio for 2021 was 0.73, a 14.06% 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.