SoftBank Group (0R15.L) Quick Ratio

Price: $8199
Market Cap: $11.82T
Avg Volume: 702.00K
Country: JP
Industry: Telecommunications Services
Sector: Communication Services
Beta: 0.768
52W Range: $8199-8199
Website: SoftBank Group

SoftBank Group Quick Ratio

  • Annual: 0.81
  • Quarterly: 0.00
  • TTM: 0.68

What is the Quick Ratio?

The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.

Related Metrics

Other important metrics to assess SoftBank Group's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 0.82
    • Quarterly: 0.00
    • TTM: 0.69
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.44
    • Quarterly: 0.00
    • TTM: 0.30

These metrics provide insights into SoftBank Group's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Quick Ratio

0.81

Quarterly Quick Ratio

0.00

TTM Quick Ratio

0.68

SoftBank Group Historical Quick Ratio
1.641.641.091.090.550.550.000.00Quick Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Current Ratio
1.681.681.121.120.560.560.000.00Current Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
0.700.700.560.560.420.420.280.280.140.140.000.00Cash Ratio201620162017201720182018201920192020202020212021202220222023202320242024

SoftBank Group Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Quick Ratio Current Ratio Cash Ratio
2024 0.81 0.82 0.44
2023 1.00 1.02 0.67
2022 0.81 0.83 0.43
2021 0.85 0.86 0.37
2020 1.12 1.13 0.24
2019 0.85 0.89 0.44
2018 0.97 1.02 0.50
2017 1.03 1.10 0.42
2016 1.00 1.07 0.50
2015 1.20 1.28 0.70

Related Metrics

Explore detailed financial metrics and analysis for 0R15.L.