Embraer-Empresa Brasileira De Aeronautica Quick Ratio 2010-2024 | ERJ
- Embraer-Empresa Brasileira De Aeronautica average quick ratio for 2023 was 0.87, a 19.44% decline from 2022.
- Embraer-Empresa Brasileira De Aeronautica average quick ratio for 2022 was 1.08, a 18.8% decline from 2021.
- Embraer-Empresa Brasileira De Aeronautica average quick ratio for 2021 was 1.33, a 12.71% 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.