Brambles Quick Ratio 2011-2024 | BXBLY
- Brambles average quick ratio for 2023 was 0.48, a 20% increase from 2022.
- Brambles average quick ratio for 2022 was 0.6, a 7.69% decline from 2021.
- Brambles average quick ratio for 2021 was 0.65, a 35.64% 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.