Chugai Pharmaceutical Quick Ratio 2020-2025 | CHGCY
- Chugai Pharmaceutical average quick ratio for 2024 was 4.59, a 52.49% increase from 2023.
- Chugai Pharmaceutical average quick ratio for 2023 was 3.01, a 11.48% increase from 2022.
- Chugai Pharmaceutical average quick ratio for 2022 was 2.7, a 30.05% increase from 2021.
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.