Central Japan Railway Quick Ratio 2010-2024 | CJPRY
- Central Japan Railway average quick ratio for 2023 was 4.35, a 10.13% decline from 2022.
- Central Japan Railway average quick ratio for 2022 was 3.95, a 2.86% increase from 2021.
- Central Japan Railway average quick ratio for 2021 was 3.84, a 31.18% 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.