Question
Table Showing Pfizer Liquidity Ratios from 2016 - 2019 2019 2018 2017 2016 Current Assets 32,803 49,926 41,141 38,949 Total Quick Assets 18,554 26,858 28,213
Table Showing Pfizer Liquidity Ratios from 2016 - 2019
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| 2019 | 2018 | 2017 | 2016 |
| Current Assets | 32,803 | 49,926 | 41,141 | 38,949 |
| Total Quick Assets | 18,554 | 26,858 | 28,213 | 26,075 |
| Total Cash Assets | 9,830 | 18,833 | 19,992 | 17,850 |
| Current Liabilities | 37,304 | 31,858 | 30,427 | 31,115 |
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Ratio Analysis: |
2019 |
2018 |
2017 |
2016 |
| Current Ratio: Current Assets /Current Liabilities | 0.88 | 1.57 | 1.35 | 1.25 |
| Quick Ratio: Total Quick Assets/ Current Liabilities | 0.50 | 0.84 | 0.93 | 0.84 |
| Cash Ratio: Total Cash Assets /Current Liabilities NWC to Total Assets: Internal Measures: | 0.26
(0.03) 317 | 0.59
0.12 472 | 0.66
0.07 390 | 0.57
0.05 363 |
Interpret the liquidity ratios and explain what it says about the overall financial health of the company. Assess the strengths and weaknesses of the company.
Please help me with this! I appreciate very much!
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