Continental AG Quick Ratio 2010-2024 | CTTAY
- Continental AG average quick ratio for 2023 was 0.77, a 1.28% decline from 2022.
- Continental AG average quick ratio for 2022 was 0.78, a 17.89% decline from 2021.
- Continental AG average quick ratio for 2021 was 0.95, a 14.46% 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.