AES Quick Ratio 2010-2024 | AES
- AES average quick ratio for 2023 was 0.8, a 21.57% decline from 2022.
- AES average quick ratio for 2022 was 1.02, a 8.11% decline from 2021.
- AES average quick ratio for 2021 was 1.11, a 15.63% decline from 2020.
Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.