NIO Quick Ratio 2019-2025 | NIO
- NIO average quick ratio for 2024 was 0.96, a 4.95% decline from 2023.
- NIO average quick ratio for 2023 was 1.01, a 35.26% decline from 2022.
- NIO average quick ratio for 2022 was 1.56, a 33.9% decline from 2021.
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.