Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company’s ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Procter & Gamble Co., liquidity ratios (quarterly data)
Based on: 10-Q (filing date: 2021-01-20), 10-Q (filing date: 2020-10-20), 10-K (filing date: 2020-08-06), 10-Q (filing date: 2020-04-20), 10-Q (filing date: 2020-01-23), 10-Q (filing date: 2019-10-22), 10-K (filing date: 2019-08-06), 10-Q (filing date: 2019-04-23), 10-Q (filing date: 2019-01-23), 10-Q (filing date: 2018-10-19), 10-K (filing date: 2018-08-07), 10-Q (filing date: 2018-04-19), 10-Q (filing date: 2018-01-23), 10-Q (filing date: 2017-10-20), 10-K (filing date: 2017-08-07), 10-Q (filing date: 2017-04-26), 10-Q (filing date: 2017-01-20), 10-Q (filing date: 2016-10-25), 10-K (filing date: 2016-08-09), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-Q (filing date: 2015-10-23), 10-K (filing date: 2015-08-07), 10-Q (filing date: 2015-04-23), 10-Q (filing date: 2015-01-27), 10-Q (filing date: 2014-10-24).
Liquidity ratio | Description | The company |
---|---|---|
Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Procter & Gamble Co.’s current ratio improved from Q4 2020 to Q1 2021 but then deteriorated significantly from Q1 2021 to Q2 2021. |
Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Procter & Gamble Co.’s quick ratio deteriorated from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021. |
Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Procter & Gamble Co.’s cash ratio deteriorated from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021. |
Current Ratio
Procter & Gamble Co., current ratio calculation (quarterly data)
Based on: 10-Q (filing date: 2021-01-20), 10-Q (filing date: 2020-10-20), 10-K (filing date: 2020-08-06), 10-Q (filing date: 2020-04-20), 10-Q (filing date: 2020-01-23), 10-Q (filing date: 2019-10-22), 10-K (filing date: 2019-08-06), 10-Q (filing date: 2019-04-23), 10-Q (filing date: 2019-01-23), 10-Q (filing date: 2018-10-19), 10-K (filing date: 2018-08-07), 10-Q (filing date: 2018-04-19), 10-Q (filing date: 2018-01-23), 10-Q (filing date: 2017-10-20), 10-K (filing date: 2017-08-07), 10-Q (filing date: 2017-04-26), 10-Q (filing date: 2017-01-20), 10-Q (filing date: 2016-10-25), 10-K (filing date: 2016-08-09), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-Q (filing date: 2015-10-23), 10-K (filing date: 2015-08-07), 10-Q (filing date: 2015-04-23), 10-Q (filing date: 2015-01-27), 10-Q (filing date: 2014-10-24).
1 Q2 2021 Calculation
Current ratio = Current assets ÷ Current liabilities
= 24,655 ÷ 31,744 = 0.78
Liquidity ratio | Description | The company |
---|---|---|
Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Procter & Gamble Co.’s current ratio improved from Q4 2020 to Q1 2021 but then deteriorated significantly from Q1 2021 to Q2 2021. |
Quick Ratio
Procter & Gamble Co., quick ratio calculation (quarterly data)
Based on: 10-Q (filing date: 2021-01-20), 10-Q (filing date: 2020-10-20), 10-K (filing date: 2020-08-06), 10-Q (filing date: 2020-04-20), 10-Q (filing date: 2020-01-23), 10-Q (filing date: 2019-10-22), 10-K (filing date: 2019-08-06), 10-Q (filing date: 2019-04-23), 10-Q (filing date: 2019-01-23), 10-Q (filing date: 2018-10-19), 10-K (filing date: 2018-08-07), 10-Q (filing date: 2018-04-19), 10-Q (filing date: 2018-01-23), 10-Q (filing date: 2017-10-20), 10-K (filing date: 2017-08-07), 10-Q (filing date: 2017-04-26), 10-Q (filing date: 2017-01-20), 10-Q (filing date: 2016-10-25), 10-K (filing date: 2016-08-09), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-Q (filing date: 2015-10-23), 10-K (filing date: 2015-08-07), 10-Q (filing date: 2015-04-23), 10-Q (filing date: 2015-01-27), 10-Q (filing date: 2014-10-24).
1 Q2 2021 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 16,760 ÷ 31,744 = 0.53
Liquidity ratio | Description | The company |
---|---|---|
Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Procter & Gamble Co.’s quick ratio deteriorated from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021. |
Cash Ratio
Procter & Gamble Co., cash ratio calculation (quarterly data)
Based on: 10-Q (filing date: 2021-01-20), 10-Q (filing date: 2020-10-20), 10-K (filing date: 2020-08-06), 10-Q (filing date: 2020-04-20), 10-Q (filing date: 2020-01-23), 10-Q (filing date: 2019-10-22), 10-K (filing date: 2019-08-06), 10-Q (filing date: 2019-04-23), 10-Q (filing date: 2019-01-23), 10-Q (filing date: 2018-10-19), 10-K (filing date: 2018-08-07), 10-Q (filing date: 2018-04-19), 10-Q (filing date: 2018-01-23), 10-Q (filing date: 2017-10-20), 10-K (filing date: 2017-08-07), 10-Q (filing date: 2017-04-26), 10-Q (filing date: 2017-01-20), 10-Q (filing date: 2016-10-25), 10-K (filing date: 2016-08-09), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-Q (filing date: 2015-10-23), 10-K (filing date: 2015-08-07), 10-Q (filing date: 2015-04-23), 10-Q (filing date: 2015-01-27), 10-Q (filing date: 2014-10-24).
1 Q2 2021 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 11,941 ÷ 31,744 = 0.38
Liquidity ratio | Description | The company |
---|---|---|
Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Procter & Gamble Co.’s cash ratio deteriorated from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021. |