The Goldman Sachs Group (GS) Quick Ratio

Price: $518.7201
Market Cap: $163.81B
Avg Volume: 1.98M
Country: US
Industry: Financial - Capital Markets
Sector: Financial Services
Beta: 1.35
52W Range: $289.36-540.51
Website: The Goldman Sachs Group

The Goldman Sachs Group Quick Ratio

  • Annual: 1.20
  • Quarterly: 1.48
  • TTM: 1.48

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 The Goldman Sachs Group's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 0.87
    • Quarterly: 1.48
    • TTM: 1.48
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.20
    • Quarterly: 0.00
    • TTM: 0.00

These metrics provide insights into The Goldman Sachs 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

1.20

Quarterly Quick Ratio

1.48

TTM Quick Ratio

1.48

The Goldman Sachs Group Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio

The Goldman Sachs Group Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Quick Ratio Current Ratio Cash Ratio
2023 1.20 0.87 0.20
2022 4.83 1.22 1.42
2021 4.53 1.41 0.87
2020 4.33 1.14 0.64
2019 3.92 0.93 0.60
2018 5.99 2.83 0.59
2017 3.87 0.85 0.46
2016 3.61 0.82 0.51
2015 0.59 0.59 0.28
2014 0.59 0.59 0.21