Hong Kong & China Gas Quick Ratio 2010-2023 | HOKCY
- Hong Kong & China Gas average quick ratio for 2022 was 0.59, a 13.46% increase from 2021.
- Hong Kong & China Gas average quick ratio for 2021 was 0.52, a 18.75% increase from 2020.
- Hong Kong & China Gas average quick ratio for 2020 was 0.64, a 7.25% 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.