Hitachi Quick Ratio 2010-2023 | HTHIY
- Hitachi average quick ratio for 2022 was 0.74, a 19.57% increase from 2021.
- Hitachi average quick ratio for 2021 was 0.92, a 5.75% decline from 2020.
- Hitachi average quick ratio for 2020 was 0.87, a 11.22% increase 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.