Cash Ratio Analysis of Abbott Laboratories - Deep Dive


Cash Ratio of ABT
Dec-23
0.526
Not Good Cash Ratio
Dec-22
0.657
Not Good Cash Ratio
Growth
-19.90
%
Cash Ratio Analysis of Abbott Laboratories
Cash Ratio of ABT has fallen by -19.90 % Compared to previous Financial Year.
Cash Ratio with value of 0.782 was highest in Year Dec-21 in last Five Years.
Cash Ratio with value of 0.381 was lowest in Year Dec-19 in last Five Years.
Latest Cash Ratio with value of 0.526 is lower than Average Cash Ratio of 0.589 in last five years.
Other Cash Ratio Related Info of ABT that may interest you.
Abbott Laboratories Overview
CodePricePrevious PricePrice ChangeSector
ABT103.68103.45 0.222 % Medical Devices
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
Good Stability
FY - Historical Cash Ratio of Abbott Laboratories
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.5260.6570.7820.6000.3810.4531.08
Change-19.90 %-16.04 %30.28 %57.52 %-15.94 %-57.95 %-61.75 %
You are view first 7 Records. Log in to view all 39 in Premium view
FY Chart of Cash Ratio of Abbott Laboratories


Note : All Data Generated at the End of Trading Hours (EOD Data)