First Quantum Minerals Quick Ratio 2012-2024 | FQVLF
- First Quantum Minerals average quick ratio for 2023 was 1.06, a 30.72% decline from 2022.
- First Quantum Minerals average quick ratio for 2022 was 1.53, a 31.9% decline from 2021.
- First Quantum Minerals average quick ratio for 2021 was 1.16, a 50.65% increase 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.