Kunlun Energy Quick Ratio 2017-2024 | KLYCY
- Kunlun Energy average quick ratio for 2023 was 1.58, a 12.06% decline from 2022.
- Kunlun Energy average quick ratio for 2022 was 1.41, a 11.02% increase from 2021.
- Kunlun Energy average quick ratio for 2021 was 1.27, a 5.83% 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.