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Novartis AG (NVS) Quick Ratio

Annual Quick Ratio

0.890.05+5.95%

Summary

As of today, NVS annual quick ratio is 0.89, up +5.95% on
NVS annual quick ratio is down -14.42% over the past 3 years, up +30.88% over the past 5 years
NVS annual quick ratio is currently -64.11% below its historical high of 2.48 set on
NVS annual quick ratio is +5.95% above its 3-year low of 0.84 reached on
NVS annual quick ratio is higher than 15.89% of companies in Healthcare sector

Quick Ratio Chart

SUGGESTED SERIES

Performance

NVS Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio0.89+6.0%-14.4%+30.9%+6.0%
Quarterly Quick Ratio0.67+8.1%-15.2%+19.6%+1.5%
Price$160.69+28.6%+59.1%+72.4%+227.6%
Annual Current Assets$30.46B+2.5%-17.5%+2.6%+13.9%
Annual Inventory$6.27B+9.5%-12.6%-12.1%+2.7%
Annual Current Liabilities$27.28B-4.9%-4.8%-17.5%+10.4%
Annual Current Ratio1.12+7.7%-13.2%+24.4%+3.7%
Annual Debt To Equity0.77+8.4%+63.8%+14.9%+113.9%
Piotroski F-Score6-14.3%-14.3%0.0%+50.0%
Altman Z-Score4.18+7.5%+21.2%+45.6%+54.8%

Quick Ratio Highs

NVS Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.04N/A-14.4%
5Y1.29-31.0%
All2.48-64.1%

Quick Ratio Lows

NVS Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.84+6.0%
5Y0.68N/A+30.9%
All0.68+30.9%

Quick Ratio History

YearValueChange
0.89+6.0%
0.84-9.7%
0.93-10.6%
1.04-19.4%
1.29+89.7%
0.68-18.1%
0.83-14.4%
0.97+6.6%
0.91+8.3%
0.84+20.0%
0.70-40.2%
1.17+33.0%
0.880.0%
0.88+12.8%
0.78-7.1%
0.84-41.3%
1.43+57.1%
YearValueChange
0.91-31.1%
1.32+26.9%
1.04-10.3%
1.16-32.6%
1.72-15.3%
2.03-6.0%
2.16+2.4%
2.11-14.9%
2.48+55.0%
1.60+3.2%
1.55-4.3%
1.62-5.8%
1.72+1.8%
1.69+44.4%
1.17-26.4%
1.59-

FAQ

What is the current annual quick ratio of NVS?
As of today, NVS annual quick ratio is 0.89
What is 1-year change in NVS annual quick ratio?
NVS annual quick ratio is up +5.95% year-over-year
What is 3-year change in NVS annual quick ratio?
NVS annual quick ratio is down -14.42% over the past 3 years
How far is NVS annual quick ratio from its all-time high?
NVS annual quick ratio is currently -64.11% below its historical high of 2.48 set on December 31, 2000
How does NVS annual quick ratio rank versus sector peers?
NVS annual quick ratio is higher than 15.89% of companies in Healthcare sector
When is NVS next annual earnings release?
As of today, the next annual earnings release for NVS has not been scheduled

Quick Ratio Formula

Quick Ratio =  
Current Assets - Inventory
Current Liabilities

Data Sources & References

  1. NVS Official Website www.novartis.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1114448/000111444826000004/0001114448-26-000004-index.htm
  3. NVS Profile on Yahoo Finance finance.yahoo.com/quote/NVS
  4. NVS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nvs