Nitori Holdings Quick Ratio 2021-2024 | NCLTY
- Nitori Holdings average quick ratio for 2023 was 0.94, a 7.84% decline from 2022.
- Nitori Holdings average quick ratio for 2022 was 1.02, a 4.08% decline from 2021.
- Nitori Holdings average quick ratio for 2021 was 0.98, a 61.26% 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.