GSK Quick Ratio 2010-2024 | GSK
- GSK average quick ratio for 2023 was 0.66, a 28.26% decline from 2022.
- GSK average quick ratio for 2022 was 0.92, a 64.29% decline from 2021.
- GSK average quick ratio for 2021 was 0.56, a 12.5% 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.