Honda Motor Co., Ltd.

Published by Stock Analysis on Net

Last updated: 2018-02-06 06:03:55

Quick Ratio

2017 2016 2015 2014

Selected Financial Data

JPY in millions

Cash and cash equivalents 2,105,976 1,757,456 1,471,730 1,193,584
Short-term investments
Current receivables, net 2,642,964 2,752,728 2,919,632 2,672,013
4,748,940
4,510,184
4,391,362
3,865,597
Current liabilities 5,428,842 5,470,351 5,301,054 4,751,800

Ratio

Quick ratio 0.87 0.82 0.83 0.81

2017 calculation:

Quick ratio = (Cash and cash equivalents + Short-term investments + Current receivables, net) ÷ Current liabilities
= (2,105,976 + 0 + 2,642,964) ÷ 5,428,842 = 0.87