ENGIE - Quick Ratio 2010-2024 | ENGIY
- ENGIE - average quick ratio for 2023 was 0.88, a 13.73% increase from 2022.
- 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.
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.