Celanese Quick Ratio 2010-2024 | CE
- Celanese average quick ratio for 2023 was 0.96, a 46.37% decline from 2022.
- Celanese average quick ratio for 2022 was 1.79, a 31.62% decline from 2021.
- Celanese average quick ratio for 2021 was 1.36, a 41.67% 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.