L'Oreal SA Quick Ratio 2010-2024 | LRLCY

L'Oreal SA quick ratio for the quarter ending June 30, 2024 was 0.73.

  • L'Oreal SA average quick ratio for 2023 was 0.79, a 12.86% decline from 2022.
  • L'Oreal SA average quick ratio for 2022 was 0.7, a 6.67% increase from 2021.
  • L'Oreal SA average quick ratio for 2021 was 0.75, a 24.24% 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.

L'Oreal SA Quick Ratio 2010-2024 | LRLCY

  • L'Oreal SA average quick ratio for 2023 was 0.79, a 12.86% decline from 2022.
  • L'Oreal SA average quick ratio for 2022 was 0.7, a 6.67% increase from 2021.
  • L'Oreal SA average quick ratio for 2021 was 0.75, a 24.24% 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.
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