Alstom ADR Quick Ratio 2017-2023 | ALSMY
- Alstom ADR average quick ratio for 2022 was 0.61, a 5.17% increase from 2021.
- Alstom ADR average quick ratio for 2021 was 0.58, a 32.56% increase from 2020.
- Alstom ADR average quick ratio for 2020 was 0.86, a 0% decline from 2019.
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.