Danone Quick Ratio 2010-2023 | DANOY

Danone quick ratio for the quarter ending June 30, 2023 was 0.71.

  • Danone average quick ratio for 2022 was 0.79, a 14.13% decline from 2021.
  • Danone average quick ratio for 2021 was 0.92, a 9.52% decline from 2020.
  • Danone average quick ratio for 2020 was 0.84, a 10.53% 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.

Danone Quick Ratio 2010-2023 | DANOY

  • Danone average quick ratio for 2022 was 0.79, a 14.13% decline from 2021.
  • Danone average quick ratio for 2021 was 0.92, a 9.52% decline from 2020.
  • Danone average quick ratio for 2020 was 0.84, a 10.53% 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.
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