Novozymes Quick Ratio 2011-2023 | NVZMY

Novozymes quick ratio for the quarter ending December 31, 2023 was 0.8.

  • Novozymes average quick ratio for 2022 was 0.76, a 16.48% increase from 2021.
  • Novozymes average quick ratio for 2021 was 0.91, a 7.14% decline from 2020.
  • Novozymes average quick ratio for 2020 was 0.98, a 24.05% decline 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.

Novozymes Quick Ratio 2011-2023 | NVZMY

  • Novozymes average quick ratio for 2022 was 0.76, a 16.48% increase from 2021.
  • Novozymes average quick ratio for 2021 was 0.91, a 7.14% decline from 2020.
  • Novozymes average quick ratio for 2020 was 0.98, a 24.05% decline 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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