Nippon Yusen Kabushiki Kaisha Quick Ratio 2011-2024 | NPNYY
- Nippon Yusen Kabushiki Kaisha average quick ratio for 2023 was 1.13, a 8.65% decline from 2022.
- Nippon Yusen Kabushiki Kaisha average quick ratio for 2022 was 1.04, a 20.93% increase from 2021.
- Nippon Yusen Kabushiki Kaisha average quick ratio for 2021 was 0.86, a 16.5% 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.