Kunlun Energy Quick Ratio 2017-2023 | KLYCY
- 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.
- Kunlun Energy average quick ratio for 2020 was 1.2, a 69.01% increase from 2019.
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.