Mercedes-Benz Group AG Quick Ratio 2010-2024 | MBGYY
- Mercedes-Benz Group AG average quick ratio for 2023 was 0.89, a 5.95% increase from 2022.
- Mercedes-Benz Group AG average quick ratio for 2022 was 0.84, a 11.58% increase from 2021.
- Mercedes-Benz Group AG average quick ratio for 2021 was 0.95, a 6.74% 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.