Nintendo Quick Ratio 2010-2024 | NTDOY
- Nintendo average quick ratio for 2023 was 3.82, a 7% increase from 2022.
- Nintendo average quick ratio for 2022 was 3.57, a 5.8% increase from 2021.
- Nintendo average quick ratio for 2021 was 3.79, a 0.26% 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.