Novartis AG

Published by Stock Analysis on Net

Last updated: 2018-02-11 07:56:36

Quick Ratio

2016 2015 2014 2013

Selected Financial Data

USD in millions

Cash and cash equivalents 7,007 4,674 13,023 6,687
Short-term investments 770 773 839 2,535
Current receivables, net 8,202 8,180 8,275 9,902
15,979
13,627
22,137
19,124
Current liabilities 22,209 23,708 26,973 26,368

Ratio

Quick ratio 0.72 0.57 0.82 0.73

2016 calculation:

Quick ratio = (Cash and cash equivalents + Short-term investments + Current receivables, net) ÷ Current liabilities
= (7,007 + 770 + 8,202) ÷ 22,209 = 0.72