Petróleo Brasileiro S.A. - Petrobras (PETR4.SA) Quick Ratio
Market Cap: $495.00B
Avg Volume: 32.03M
Industry: Oil & Gas Integrated
Sector: Energy
Petróleo Brasileiro S.A. - Petrobras Quick Ratio
- Annual: 0.73
- Quarterly: 0.00
- 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 Petróleo Brasileiro S.A. - Petrobras's financial health include:
- Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
- Annual: 0.96
- Quarterly: 0.00
- TTM: 0.94
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.38
- Quarterly: 0.00
- TTM: 0.26
These metrics provide insights into Petróleo Brasileiro S.A. - Petrobras'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
0.73
Quarterly Quick Ratio
0.00
TTM Quick Ratio
0.71
Petróleo Brasileiro S.A. - Petrobras Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio
Petróleo Brasileiro S.A. - Petrobras 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 | 0.73 | 0.96 | 0.38 |
| 2022 | 0.72 | 1.00 | 0.25 |
| 2021 | 0.95 | 1.25 | 0.43 |
| 2020 | 0.83 | 1.04 | 0.45 |
| 2019 | 0.68 | 0.97 | 0.26 |
| 2018 | 1.12 | 1.48 | 0.55 |
| 2017 | 1.55 | 1.89 | 0.90 |
| 2016 | 1.46 | 1.80 | 0.85 |
| 2015 | 1.25 | 1.51 | 0.88 |
| 2014 | 1.27 | 1.63 | 0.54 |
Related Metrics
Explore detailed financial metrics and analysis for PETR4.SA.