Nestle SA Quick Ratio 2010-2023 | NSRGY

Nestle SA quick ratio for the quarter ending December 31, 2023 was 0.51.

  • Nestle SA average quick ratio for 2022 was 0.48, a 18.64% increase from 2021.
  • Nestle SA average quick ratio for 2021 was 0.59, a 9.26% decline from 2020.
  • Nestle SA average quick ratio for 2020 was 0.54, a 14.29% increase from 2019.

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.

Nestle SA Quick Ratio 2010-2023 | NSRGY

  • Nestle SA average quick ratio for 2022 was 0.48, a 18.64% increase from 2021.
  • Nestle SA average quick ratio for 2021 was 0.59, a 9.26% decline from 2020.
  • Nestle SA average quick ratio for 2020 was 0.54, a 14.29% increase from 2019.

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.
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