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Compare the key financial ratios of Pfizer Inc. and Johnson & Johnson for the year 2023: Ratio Pfizer Inc. Johnson & Johnson Current Ratio 1.2
Compare the key financial ratios of Pfizer Inc. and Johnson & Johnson for the year 2023:
Ratio | Pfizer Inc. | Johnson & Johnson |
Current Ratio | 1.2 | 1.5 |
Debt-to-Equity Ratio | 0.5 | 0.8 |
Return on Assets (ROA) | 0.07 | 0.10 |
Gross Profit Margin | 0.35 | 0.40 |
Question:
- Which company has a higher current ratio, and what does it indicate about their liquidity position?
- Compare the debt-to-equity ratios of Pfizer Inc. and Johnson & Johnson. Which company has a higher reliance on debt financing?
- Analyze the return on assets (ROA) and gross profit margin for both companies. Which company is more profitable relative to its assets and sales revenue?
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