Lonza Group Ag Quick Ratio 2012-2024 | LZAGY
- Lonza Group Ag average quick ratio for 2023 was 1.28, a 100% increase from 2022.
- Lonza Group Ag average quick ratio for 2022 was 0.64, a 31.91% increase from 2021.
- Lonza Group Ag average quick ratio for 2021 was 0.94, a 59.32% 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.