AstraZeneca Quick Ratio 2010-2024 | AZN
- AstraZeneca average quick ratio for 2023 was 0.65, a 1.52% increase from 2022.
- AstraZeneca average quick ratio for 2022 was 0.66, a 15.38% decline from 2021.
- AstraZeneca average quick ratio for 2021 was 0.78, a 14.71% 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.