In the wake of the increase in Current Liabilities in the fourth quarter 2023, Quick Ratio fell to 0.22 below Abb Ltd average.

Within Miscellaneous Manufacturing industry 22 other companies have achieved higher Quick Ratio than Abb Ltd in fourth quarter 2023. While Quick Ratio total ranking in the fourth quarter 2023 has deteriorated compared to the prior quarter from 2284 to 2919.

Explain Quick Ratio?
How much Cash & cash equivalents ABBNY�s has?
What are ABBNY�s Current Liabilities?

Select the Comparisons :

None ▼

Select the Ratio:

Quick Ratio ▼

None ▼

Quick Ratio ▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

ABBNY Quick Ratio	(Dec 31 2023) Q4	0 Q3	0 Q2	0 Q1	(Dec 31 2022) Q4
Y / Y Current Liabilities Change	8.79 %	8.92 %	8.92 %	8.92 %	6.2 %
Y / Y Cash & cash equivalent Change	-16.41 %	19.22 %	19.22 %	19.22 %	-8.41 %
Quick Ratio MRQ	0.22	0.32	0.32	0.32	0.29
ABBNY's Total Ranking	# 2919	# 2284	# 2284	# 2284	# 3022
Seq. Current Liabilities Change	2.64 %	0 %	0 %	5.99 %	2.77 %
Seq. Cash & cash equivalent Change	-29.88 %	0 %	0 %	19.22 %	0 %

Quick Ratio fourth quarter 2023 Company Ranking
Within:	No.
Miscellaneous Manufacturing Industry	# 23
Capital Goods Sector	# 162
Overall Market	# 2919

Quick Ratio Statistics
High	Average	Low
0.45	0.33	0.2
(Dec 31 2012)		(Dec 31 2019)

Financial Statements
Abb Ltd's Current Liabilities	$ 18,480 Millions	Visit ABBNY's Balance sheet
Abb Ltd's Cash & cash equivalent	$ 4,080 Millions	Visit ABBNY's Balance sheet
Source of ABBNY's Sales		Visit ABBNY's Sales by Geography

Cumulative Abb Ltd's Quick Ratio

ABBNY's Quick Ratio for the trailling 12 Months

ABBNY Quick Ratio	(Dec 31 2023) 12 Months	0 12 Months	0 12 Months	0 12 Months	(Dec 31 2022) 12 Months
Y / Y Current Liabilities TTM Growth	8.89 %	8.26 %	7.59 %	6.89 %	6.18 %
Y / Y Cash & cash equivalent TTM Growth	10.31 %	11.85 %	4.8 %	-1.95 %	-8.41 %
Quick Ratio TTM	0.3	0.31	0.31	0.3	0.29
Total Ranking TTM	# 4023	# 3109	# 3107	# 3107	# 1084
Seq. Current Liabilities TTM Growth	2.1 %	2.12 %	2.17 %	2.22 %	1.51 %
Seq. Cash & cash equivalent TTM Growth	-3.59 %	4.38 %	4.58 %	4.8 %	-2.24 %

Quick ratio ranking by company, industry and sector >> Back to ABBNY Financial Strength Comparisons >> Go to Compare ABBNY Quick Ratio to its Competitors

On the trailing twelve months basis Due to rise in Current Liabilities in the Q4 2023 to $18,480.00 millions, cumulative Quick Ratio decreased to 0.3 above the ABBNY average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Miscellaneous Manufacturing industry 38 other companies have achieved higher Quick Ratio than Abb Ltd. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 3109 to 4023.

Explain Quick Ratio?
How much Cash & cash equivalents ABBNY�s has?
What are ABBNY�s Current Liabilities?

TTM Quick Ratio Company Ranking
Within:	No.
Within the Miscellaneous Manufacturing Industry	# 39
Capital Goods Sector	# 269
Within the Market	# 4023

trailing twelve months Quick Ratio Statistics
High	Average	Low
0.35	0.29	0.2
(Dec 31 2020)		(Dec 31 2019)

Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Miscellaneous Manufacturing Industry	Quick Ratio	Dec 31 2023 MRQ Cash & cash equivalent	Dec 31 2023 MRQ Current Liabilities
Brady Corp	0.61	$ 143.860 Millions	$ 237.302 Millions
Oil dri Corporation Of America	0.60	$ 27.800 Millions	$ 46.163 Millions
Xylem Inc	0.47	$ 1,019.000 Millions	$ 2,189.000 Millions
Daktronics Inc	0.45	$ 76.764 Millions	$ 170.261 Millions
Je Cleantech Holdings Limited	0.39	$ 3.858 Millions	$ 9.922 Millions
Flowserve Corp	0.37	$ 545.678 Millions	$ 1,484.776 Millions
Dogness international Corporation	0.33	$ 2.479 Millions	$ 7.596 Millions
The Gorman rupp Company	0.30	$ 30.518 Millions	$ 100.676 Millions
Multi Ways Holdings Limited	0.30	$ 7.404 Millions	$ 24.928 Millions
Watsco Inc	0.29	$ 210.112 Millions	$ 719.886 Millions
The Eastern Company	0.27	$ 9.035 Millions	$ 33.193 Millions
Hillenbrand inc	0.24	$ 198.400 Millions	$ 843.700 Millions
Abb Ltd	0.22	$ 4,080.000 Millions	$ 18,480.000 Millions
Thor Industries Inc	0.21	$ 340.192 Millions	$ 1,626.461 Millions
Acme United Corp	0.19	$ 4.796 Millions	$ 24.913 Millions
Trane Technologies Plc	0.18	$ 1,095.300 Millions	$ 6,053.500 Millions
Hillman Solutions Corp	0.17	$ 38.553 Millions	$ 223.120 Millions
Starrett L S Co	0.16	$ 5.684 Millions	$ 36.269 Millions
Amcor Plc	0.15	$ 689.000 Millions	$ 4,476.000 Millions
Ferguson Enterprises Inc	0.14	$ 639.000 Millions	$ 4,409.000 Millions
Stanley Black and Decker Inc	0.13	$ 449.400 Millions	$ 3,555.600 Millions
Lifetime Brands Inc	0.12	$ 16.189 Millions	$ 137.893 Millions
Ampco pittsburgh Corp	0.07	$ 7.286 Millions	$ 106.775 Millions

Date modified: 2026-09-02T15:16:04+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.