Xcel Energy Quick Ratio 2010-2025 | XEL
- Xcel Energy average quick ratio for 2024 was 0.75, a 13.64% decline from 2023.
- 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.
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.