Swedish Orphan Biovitrum Quick Ratio 2019-2024 | BIOVF
- Swedish Orphan Biovitrum average quick ratio for 2023 was 0.45, a 22.41% increase from 2022.
- Swedish Orphan Biovitrum average quick ratio for 2022 was 0.58, a 13.73% decline from 2021.
- Swedish Orphan Biovitrum average quick ratio for 2021 was 0.51, a 17.74% 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.