Cash Ratio Analysis of Abbott Laboratories - Deep Dive
Cash Ratio of ABT
Dec-230.526Not Good Cash Ratio | Dec-220.657Not 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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ABT | 103.68 | 103.45 | 0.222 % | Medical Devices |
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 Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/CashRatio.jpg)
Cash Ratio Related Ratios
CurrentRatio | QuickRatio | DebtToEquityRatio |
Tsr Stability Index
Good Stability |
FY - Historical Cash Ratio of Abbott Laboratories
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Cash Ratio | 0.526 | 0.657 | 0.782 | 0.600 | 0.381 | 0.453 | 1.08 |
Change | -19.90 % | -16.04 % | 30.28 % | 57.52 % | -15.94 % | -57.95 % | -61.75 % |
FY Chart of Cash Ratio of Abbott Laboratories
Note : All Data Generated at the End of Trading Hours (EOD Data)