ENGIE - Quick Ratio 2010-2023 | ENGIY
- ENGIE - average quick ratio for 2022 was 1.02, a 2.86% decline from 2021.
- ENGIE - average quick ratio for 2021 was 1.05, a 0.96% decline from 2020.
- ENGIE - average quick ratio for 2020 was 1.04, a 7.22% 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.