Iberdrola S.A Quick Ratio 2010-2024 | IBDRY
- Iberdrola S.A average quick ratio for 2023 was 0.77, a 4.94% decline from 2022.
- Iberdrola S.A average quick ratio for 2022 was 0.81, a 10.96% decline from 2021.
- Iberdrola S.A average quick ratio for 2021 was 0.73, a 15.87% 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.