COSCO SHIPPING Holdings Quick Ratio 2010-2024 | CICOY
- COSCO SHIPPING Holdings average quick ratio for 2023 was 1.57, a 3.68% decline from 2022.
- COSCO SHIPPING Holdings average quick ratio for 2022 was 1.63, a 7.24% decline from 2021.
- COSCO SHIPPING Holdings average quick ratio for 2021 was 1.52, a 65.22% 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.