IPSEN Quick Ratio 2016-2024 | IPSEY
- IPSEN average quick ratio for 2023 was 0.91, a 45.51% increase from 2022.
- IPSEN average quick ratio for 2022 was 1.67, a 20.14% decline from 2021.
- IPSEN average quick ratio for 2021 was 1.39, a 37.62% 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.