U.S. Bancorp Quick Ratio

• Annual: 17.47
• Quarterly: 3.10
• TTM: 3.10

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 U.S. Bancorp's financial health include:

• Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
  • Annual: 12.13
  • Quarterly: 3.10
  • TTM: 3.10
• Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
  • Annual: 5.34
  • Quarterly: 3.10
  • TTM: 3.10

These metrics provide insights into U.S. Bancorp'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.

U.S. Bancorp Historical Quick Ratio

Historical Current Ratio

Historical Cash Ratio