Exxon Quick Ratio 2010-2024 | XOM

Exxon quick ratio for the quarter ending June 30, 2024 was 1.01.

  • Exxon average quick ratio for 2023 was 1.09, a 17.2% decline from 2022.
  • Exxon average quick ratio for 2022 was 0.93, a 60.34% increase from 2021.
  • Exxon average quick ratio for 2021 was 0.58, a 9.43% 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.

Exxon Quick Ratio 2010-2024 | XOM

  • Exxon average quick ratio for 2023 was 1.09, a 17.2% decline from 2022.
  • Exxon average quick ratio for 2022 was 0.93, a 60.34% increase from 2021.
  • Exxon average quick ratio for 2021 was 0.58, a 9.43% 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.
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