Intercontinental Hotels Group Quick Ratio 2010-2024 | IHG
- Intercontinental Hotels Group average quick ratio for 2023 was 1.01, a 17.21% decline from 2022.
- Intercontinental Hotels Group average quick ratio for 2022 was 1.22, a 9.63% decline from 2021.
- Intercontinental Hotels Group average quick ratio for 2021 was 1.35, a 37.76% 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.