NOVARTIS

Novartis

Novartis

Novartis Financial Position

 

Novartis

Pfizer

Current Ratio

1.16

2.15

Quick Ratio

0.76

1.9

Return on Invested Capital %

10.16

11.15

Debt/Equity

0.2

0.38

Current ratio

The current ratio compares the current assets and current liabilities of a firm. It shows that ability of the company to meet the creditors' obligations and the market liquidity of the firm. The current ratio of Novartis is 1.16 which shows that the company has sufficient resources to meet its short term obligations (financials.morningstar.com).

The comparison of the current ratio of Novartis with its competitor Pfizer shows that current ratio of Pfizer is 2.15 which is more than the current ratio of Novartis. This shows that Pfizer has more ability to pay ...