ABB Ltd

Published by Stock Analysis on Net

Last updated: 2018-02-02 12:10:07

Quick Ratio

2016 2015 2014 2013

Selected Financial Data

USD in millions

Cash and cash equivalents 3,644 4,565 5,443 6,021
Short-term investments 1,953 1,633 1,325 464
Current receivables, net 9,696 10,061 11,078 12,146
15,293
16,259
17,846
18,631
Current liabilities 15,407 15,844 15,580 16,675

Ratio

Quick ratio 0.99 1.03 1.15 1.12

2016 calculation:

Quick ratio = (Cash and cash equivalents + Short-term investments + Current receivables, net) ÷ Current liabilities
= (3,644 + 1,953 + 9,696) ÷ 15,407 = 0.99