
LVMH Moët Hennessy - Louis Vuitton, Société Européenne (MC.PA) Quick Ratio
Market Cap: $299.25B
Avg Volume: 508.48K
Industry: Luxury Goods
Sector: Consumer Cyclical
LVMH Moët Hennessy - Louis Vuitton, Société Européenne Quick Ratio
- Annual: 0.71
- Quarterly: 0.71
- TTM: 0.71
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 LVMH Moët Hennessy - Louis Vuitton, Société Européenne's financial health include:
- Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
- Annual: 1.41
- Quarterly: 1.41
- TTM: 1.41
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.29
- Quarterly: 0.29
- TTM: 0.29
These metrics provide insights into LVMH Moët Hennessy - Louis Vuitton, Société Européenne'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
0.71
Quarterly Quick Ratio
0.71
TTM Quick Ratio
0.71
LVMH Moët Hennessy - Louis Vuitton, Société Européenne Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio
LVMH Moët Hennessy - Louis Vuitton, Société Européenne 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 | 0.71 | 1.41 | 0.29 |
2023 | 0.63 | 1.32 | 0.23 |
2022 | 0.60 | 1.26 | 0.20 |
2021 | 0.62 | 1.23 | 0.22 |
2020 | 1.06 | 1.58 | 0.25 |
2019 | 0.57 | 1.17 | 0.25 |
2018 | 0.66 | 1.40 | 0.27 |
2017 | 0.68 | 1.41 | 0.25 |
2016 | 0.69 | 1.51 | 0.28 |
2015 | 0.70 | 1.49 | 0.28 |
Related Metrics
Explore detailed financial metrics and analysis for MC.PA.