Kerry Group Quick Ratio 2012-2023 | KRYAY
- Kerry Group average quick ratio for 2022 was 0.87, a 22.32% increase from 2021.
- Kerry Group average quick ratio for 2021 was 1.12, a 12% decline from 2020.
- Kerry Group average quick ratio for 2020 was 1, a 20.48% 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.