Kinross Gold Quick Ratio 2010-2024 | KGC
- Kinross Gold average quick ratio for 2023 was 0.83, a 41.96% decline from 2022.
- Kinross Gold average quick ratio for 2022 was 1.43, a 24.35% decline from 2021.
- Kinross Gold average quick ratio for 2021 was 1.15, a 29.45% 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.