NIO Quick Ratio 2019-2024 | NIO
Historical quick ratio values for NIO (NIO) over the last 10 years.
NIO Quick Ratio Historical Data |
Date |
Current Assets - Inventory |
Current Liabilities |
Quick Ratio |
2024-06-30 |
$6.97B |
$6.90B |
1.01 |
2024-03-31 |
$7.31B |
$7.08B |
1.03 |
2023-12-31 |
$9.17B |
$8.14B |
1.13 |
2023-09-30 |
$7.35B |
$7.60B |
0.97 |
2023-06-30 |
$5.44B |
$6.63B |
0.82 |
2023-03-31 |
$6.59B |
$5.89B |
1.12 |
2022-12-31 |
$7.39B |
$6.65B |
1.11 |
2022-09-30 |
$7.93B |
$5.59B |
1.42 |
2022-06-30 |
$9.17B |
$5.16B |
1.78 |
2022-03-31 |
$9.72B |
$5.03B |
1.93 |
2021-12-31 |
$9.66B |
$4.58B |
2.11 |
2021-09-30 |
$8.17B |
$4.13B |
1.98 |
2021-06-30 |
$8.13B |
$3.41B |
2.38 |
2021-03-31 |
$7.69B |
$2.60B |
2.96 |
2020-12-31 |
$6.92B |
$2.14B |
3.23 |
2020-09-30 |
$3.72B |
$1.60B |
2.33 |
2020-06-30 |
$1.99B |
$1.85B |
1.08 |
2020-03-31 |
$0.77B |
$1.71B |
0.45 |
2019-12-31 |
$0.58B |
$1.36B |
0.43 |
2019-09-30 |
$0.73B |
$1.25B |
0.58 |
2019-06-30 |
$0.96B |
$1.20B |
0.80 |
2019-03-31 |
$1.54B |
$1.15B |
1.34 |
2018-09-30 |
$1.59B |
$0.70B |
2.28 |
Sector |
Industry |
Market Cap |
Revenue |
Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$8.767B |
$7.834B |
NIO is a pioneer in China's EV market. NIO's unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not really manufacture its own cars. It contracts state-owned JAC Motors, headquartered in eastern China's Anhui province, to make vehicles. In turn, JAC charges fee for every car. In fact, NIO does not have a dealership network and instead sells its vehicles through apps and a network of swanky NIO Houses, located in some of the most expensive areas of China's largest cities.
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