China Resources Power Holdings Quick Ratio 2010-2023 | CRPJY
- China Resources Power Holdings average quick ratio for 2022 was 0.64, a 12.33% decline from 2021.
- China Resources Power Holdings average quick ratio for 2021 was 0.73, a 32.73% decline from 2020.
- China Resources Power Holdings average quick ratio for 2020 was 0.55, a 19.57% 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.