Organon & Quick Ratio
- Annual: 1.11
- Quarterly: 1.11
- TTM: 1.11
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 Organon &'s financial health include:
- Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
- Annual: 1.60
- Quarterly: 1.60
- TTM: 1.60
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.25
- Quarterly: 0.25
- TTM: 0.25
These metrics provide insights into Organon &'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
1.11
Quarterly Quick Ratio
1.11
TTM Quick Ratio
1.11
Organon & Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio
Organon & 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 | 1.11 | 1.60 | 0.25 |
| 2023 | 1.09 | 1.54 | 0.24 |
| 2022 | 1.17 | 1.56 | 0.28 |
| 2021 | 1.10 | 1.45 | 0.28 |
| 2020 | 2.10 | 2.86 | 0.42 |
| 2019 | 2.15 | 2.95 | 0.24 |
| 2018 | 1.76 | 2.40 | 0.16 |
| 2017 | 0.00 | 0.00 | 0.00 |
Related Metrics
Explore detailed financial metrics and analysis for OGN.