Akzo Nobel Quick Ratio 2010-2024 | AKZOY
- Akzo Nobel average quick ratio for 2023 was 0.81, a 3.57% increase from 2022.
- Akzo Nobel average quick ratio for 2022 was 0.84, a 13.4% decline from 2021.
- Akzo Nobel average quick ratio for 2021 was 0.97, a 19.83% 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.