Associated British Foods Quick Ratio 2010-2024 | ASBFY
- Associated British Foods average quick ratio for 2023 was 0.94, a 20.34% decline from 2022.
- Associated British Foods average quick ratio for 2022 was 1.18, a 6.31% decline from 2021.
- Associated British Foods average quick ratio for 2021 was 1.11, a 2.63% increase 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.