Centrica Quick Ratio 2010-2024 | CPYYY
- Centrica average quick ratio for 2023 was 1.35, a 45.16% increase from 2022.
- Centrica average quick ratio for 2022 was 0.93, a 24.39% increase from 2021.
- Centrica average quick ratio for 2021 was 1.23, a 6.96% 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.