GlaxoSmithKline PLC

Published by Stock Analysis on Net

Last updated: 2018-02-11 06:27:30

Cash Ratio

2016 2015 2014 2013

Selected Financial Data

GBP in millions

Cash and cash equivalents 4,897 5,830 4,338 5,534
Short-term investments 89 75 69 66
4,986
5,905
4,407
5,600
Current liabilities 19,001 13,417 13,295 13,677

Ratio

Cash ratio 0.26 0.44 0.33 0.41

2016 calculation:

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Current liabilities
= (4,897 + 89) ÷ 19,001 = 0.26