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GE Vernova (FRA:Y5C) Quick Ratio : 0.78 (As of Mar. 2025)


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What is GE Vernova Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. GE Vernova's quick ratio for the quarter that ended in Mar. 2025 was 0.78.

GE Vernova has a quick ratio of 0.78. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for GE Vernova's Quick Ratio or its related term are showing as below:

FRA:Y5C' s Quick Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.78   Max: 0.83
Current: 0.78

During the past 4 years, GE Vernova's highest Quick Ratio was 0.83. The lowest was 0.69. And the median was 0.78.

FRA:Y5C's Quick Ratio is ranked worse than
82.19% of 3015 companies
in the Industrial Products industry
Industry Median: 1.42 vs FRA:Y5C: 0.78

GE Vernova Quick Ratio Historical Data

The historical data trend for GE Vernova's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

GE Vernova Quick Ratio Chart

GE Vernova Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Quick Ratio
- 0.74 0.69 0.83

GE Vernova Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.78 0.80 0.83 0.78

Competitive Comparison of GE Vernova's Quick Ratio

For the Specialty Industrial Machinery subindustry, GE Vernova's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GE Vernova's Quick Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GE Vernova's Quick Ratio distribution charts can be found below:

* The bar in red indicates where GE Vernova's Quick Ratio falls into.


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GE Vernova Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

GE Vernova's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(32616.115-7466.19)/30259.175
=0.83

GE Vernova's Quick Ratio for the quarter that ended in Mar. 2025 is calculated as

Quick Ratio (Q: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(31390.8-7867.125)/30226.225
=0.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


GE Vernova  (FRA:Y5C) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


GE Vernova Quick Ratio Related Terms

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GE Vernova Business Description

Address
58 Charles Street, Cambridge, MA, USA, 02141
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to point of consumption.

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