Glencore Quick Ratio 2012-2024 | GLNCY
- Glencore average quick ratio for 2023 was 0.67, a 2.9% decline from 2022.
- Glencore average quick ratio for 2022 was 0.69, a 23.21% decline from 2021.
- Glencore average quick ratio for 2021 was 0.56, a 12% 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.