EssilorLuxottica Quick Ratio 2011-2023 | ESLOY
- EssilorLuxottica average quick ratio for 2022 was 0.68, a 49.63% increase from 2021.
- EssilorLuxottica average quick ratio for 2021 was 1.35, a 28.95% decline from 2020.
- EssilorLuxottica average quick ratio for 2020 was 1.9, a 24.18% decline 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.