BioNTech SE Quick Ratio 2019-2024 | BNTX
- BioNTech SE average quick ratio for 2023 was 10.6, a 87.94% decline from 2022.
- BioNTech SE average quick ratio for 2022 was 5.64, a 88% increase from 2021.
- BioNTech SE average quick ratio for 2021 was 3, a 7.69% 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.