Brenntag AG Quick Ratio 2016-2024 | BNTGY
- Brenntag AG average quick ratio for 2023 was 1.1, a 0% increase from 2022.
- Brenntag AG average quick ratio for 2022 was 1.1, a 1.85% decline from 2021.
- Brenntag AG average quick ratio for 2021 was 1.08, a 15.63% 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.