Inpex Quick Ratio 2011-2024 | IPXHY
- Inpex average quick ratio for 2023 was 0.9, a 38.36% increase from 2022.
- Inpex average quick ratio for 2022 was 1.46, a 22.69% decline from 2021.
- Inpex average quick ratio for 2021 was 1.19, a 23.96% 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.