Anglo American Quick Ratio 2015-2024 | NGLOY
- Anglo American average quick ratio for 2023 was 1.33, a 4.72% decline from 2022.
- Anglo American average quick ratio for 2022 was 1.27, a 7.97% increase from 2021.
- Anglo American average quick ratio for 2021 was 1.38, a 15% 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.