Li Ning Quick Ratio 2010-2024 | LNNGY
- Li Ning average quick ratio for 2023 was 1.63, a 18.12% increase from 2022.
- Li Ning average quick ratio for 2022 was 1.38, a 20.23% increase from 2021.
- Li Ning average quick ratio for 2021 was 1.73, a 4.85% decline 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.