
Centrais Elétricas Brasileiras S.A. - Eletrobrás (ELET6.SA) Quick Ratio
Market Cap: $100.56B
Avg Volume: 1.50M
Industry: Regulated Electric
Sector: Utilities
Centrais Elétricas Brasileiras S.A. - Eletrobrás Quick Ratio
- Annual: 2.02
- Quarterly: 2.02
- TTM: 2.02
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 Centrais Elétricas Brasileiras S.A. - Eletrobrás's financial health include:
- Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
- Annual: 2.04
- Quarterly: 2.04
- TTM: 2.04
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.84
- Quarterly: 0.84
- TTM: 0.84
These metrics provide insights into Centrais Elétricas Brasileiras S.A. - Eletrobrás'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
2.02
Quarterly Quick Ratio
2.02
TTM Quick Ratio
2.02
Centrais Elétricas Brasileiras S.A. - Eletrobrás Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio
Centrais Elétricas Brasileiras S.A. - Eletrobrás 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 | 2.02 | 2.04 | 0.84 |
2023 | 1.75 | 1.76 | 0.48 |
2022 | 1.84 | 1.89 | 0.43 |
2021 | 1.73 | 1.78 | 0.01 |
2020 | 1.68 | 1.71 | 0.01 |
2019 | 1.55 | 1.59 | 0.01 |
2018 | 1.26 | 1.28 | 0.02 |
2017 | 1.07 | 1.09 | 0.02 |
2016 | 0.84 | 0.87 | 0.02 |
2015 | 1.01 | 1.05 | 0.05 |
Related Metrics
Explore detailed financial metrics and analysis for ELET6.SA.