Novozymes Current Ratio 2011-2023 | NVZMY
- Novozymes average current ratio for 2022 was 1.26, a 13.7% increase from 2021.
- Novozymes average current ratio for 2021 was 1.46, a 5.19% decline from 2020.
- Novozymes average current ratio for 2020 was 1.54, a 16.67% decline from 2019.
Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.