Denso Quick Ratio 2010-2024 | DNZOY
- Denso average quick ratio for 2023 was 1.19, a 3.25% increase from 2022.
- Denso average quick ratio for 2022 was 1.23, a 6.11% decline from 2021.
- Denso average quick ratio for 2021 was 1.31, a 35.05% 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.