Galp Energia SGPS SA Quick Ratio 2012-2024 | GLPEY

Galp Energia SGPS SA quick ratio for the quarter ending March 31, 2024 was 1.31.

  • Galp Energia SGPS SA average quick ratio for 2023 was 1.31, a 22.43% decline from 2022.
  • Galp Energia SGPS SA average quick ratio for 2022 was 1.07, a 25.69% increase from 2021.
  • Galp Energia SGPS SA average quick ratio for 2021 was 1.44, a 4.35% 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.

Galp Energia SGPS SA Quick Ratio 2012-2024 | GLPEY

  • Galp Energia SGPS SA average quick ratio for 2023 was 1.31, a 22.43% decline from 2022.
  • Galp Energia SGPS SA average quick ratio for 2022 was 1.07, a 25.69% increase from 2021.
  • Galp Energia SGPS SA average quick ratio for 2021 was 1.44, a 4.35% 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.
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