CLP Holdings Quick Ratio 2010-2023 | CLPHY
- CLP Holdings average quick ratio for 2022 was 0.69, a 11.54% decline from 2021.
- CLP Holdings average quick ratio for 2021 was 0.78, a 1.3% decline from 2020.
- CLP Holdings average quick ratio for 2020 was 0.77, a 32.76% increase from 2019.
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.