Toyota Motor Corporation

Published by Stock Analysis on Net

Last updated: 2018-01-29 02:54:54

Quick Ratio

2017 2016 2015 2014

Selected Financial Data

JPY in millions

Cash and cash equivalents 2,995,075 2,939,428 2,284,557 2,041,170
Short-term investments 2,904,252 2,543,423 2,931,420 2,227,084
Current receivables, net 8,749,454 8,364,239 8,799,230 8,016,348
14,648,781
13,847,090
14,015,207
12,284,602
Current liabilities 17,318,965 16,124,456 16,431,496 14,680,685

Ratio

Quick ratio 0.85 0.86 0.85 0.84

2017 calculation:

Quick ratio = (Cash and cash equivalents + Short-term investments + Current receivables, net) ÷ Current liabilities
= (2,995,075 + 2,904,252 + 8,749,454) ÷ 17,318,965 = 0.85