Compass Group Quick Ratio 2012-2024 | CMPGY

Compass Group quick ratio for the quarter ending March 31, 2024 was 0.7.

  • Compass Group average quick ratio for 2023 was 0.74, a 12.94% decline from 2022.
  • Compass Group average quick ratio for 2022 was 0.85, a 3.41% decline from 2021.
  • Compass Group average quick ratio for 2021 was 0.88, a 17.33% decline 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.

Compass Group Quick Ratio 2012-2024 | CMPGY

  • Compass Group average quick ratio for 2023 was 0.74, a 12.94% decline from 2022.
  • Compass Group average quick ratio for 2022 was 0.85, a 3.41% decline from 2021.
  • Compass Group average quick ratio for 2021 was 0.88, a 17.33% decline 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.
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