Chevron Quick ratio
What is the Quick ratio of Chevron?
The Quick ratio of Chevron Corp. is 0.85
What is the definition of Quick ratio?
Quick ratio is liquidity ratio that measures a company’s ability to use its quick assets to meet its short-term obligations immediately.
mrq (most recent quarter)
The quick ratio is the ratio between quick or liquid assets and current liabilities. Quick assets include those current assets that presumably can be quickly converted to cash at close to their book values. A normal liquid ratio is considered to be 1. A company with a quick ratio of less than 1 cannot at the time fully pay its current liabilities or short-term obligations. This ratio is considered to be a much reliable tool for assessment of liquidity position of companies.
Quick ratio of companies in the Energy sector on NYSE compared to Chevron
What does Chevron do?
Chevron Corporation is an American multinational energy corporation predominantly in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California, it is headquartered in San Ramon, California, and active in more than 180 countries.
Companies with quick ratio similar to Chevron
- Changhong Jiahua has Quick ratio of 0.85
- Relaxo Footwears has Quick ratio of 0.85
- Kajima has Quick ratio of 0.85
- Correvio Pharma has Quick ratio of 0.85
- Bilcare has Quick ratio of 0.85
- Altareit SCA has Quick ratio of 0.85
- Chevron has Quick ratio of 0.85
- Bapcor has Quick ratio of 0.85
- IQVIA Inc has Quick ratio of 0.85
- Entergy Louisiana has Quick ratio of 0.85
- Guangshen Railway Co has Quick ratio of 0.85
- Tristate has Quick ratio of 0.85
- Cato has Quick ratio of 0.85