INTERTEK GP Quick Ratio 2016-2024 | IKTSY
- INTERTEK GP average quick ratio for 2023 was 0.99, a 7.48% increase from 2022.
- INTERTEK GP average quick ratio for 2022 was 1.07, a 18.89% decline from 2021.
- INTERTEK GP average quick ratio for 2021 was 0.9, a 20.35% 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.