Henkel AG & KGaA (HEN3.DE) Quick Ratio
Market Cap: $28.72B
Avg Volume: 409.45K
Industry: Household & Personal Products
Sector: Consumer Defensive
Henkel AG & KGaA Quick Ratio
- Annual: 0.93
- Quarterly: 0.93
- TTM: 0.93
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 Henkel AG & KGaA's financial health include:
- Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
- Annual: 1.21
- Quarterly: 1.21
- TTM: 1.21
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.32
- Quarterly: 0.32
- TTM: 0.32
These metrics provide insights into Henkel AG & KGaA'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
0.93
Quarterly Quick Ratio
0.93
TTM Quick Ratio
0.93
Henkel AG & KGaA Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio
Henkel AG & KGaA 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 | 0.93 | 1.21 | 0.32 |
| 2023 | 0.88 | 1.20 | 0.25 |
| 2022 | 0.79 | 1.13 | 0.12 |
| 2021 | 0.84 | 1.12 | 0.23 |
| 2020 | 0.85 | 1.11 | 0.21 |
| 2019 | 0.81 | 1.07 | 0.17 |
| 2018 | 0.72 | 0.96 | 0.12 |
| 2017 | 0.83 | 1.09 | 0.12 |
| 2016 | 0.89 | 1.17 | 0.20 |
| 2015 | 0.82 | 1.09 | 0.19 |
Related Metrics
Explore detailed financial metrics and analysis for HEN3.DE.