Marks And Spencer Group Quick Ratio 2010-2024 | MAKSY
- Marks And Spencer Group average quick ratio for 2023 was 0.47, a 16.07% increase from 2022.
- Marks And Spencer Group average quick ratio for 2022 was 0.56, a 16.67% decline from 2021.
- Marks And Spencer Group average quick ratio for 2021 was 0.48, a 45.45% increase 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.