Oriental Land Quick Ratio 2016-2024 | OLCLY
- Oriental Land average quick ratio for 2023 was 2.19, a 25% decline from 2022.
- Oriental Land average quick ratio for 2022 was 2.92, a 55.32% decline from 2021.
- Oriental Land average quick ratio for 2021 was 1.88, a 23.58% 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.