Orion OYJ Quick Ratio 2017-2024 | ORINY
- Orion OYJ average quick ratio for 2023 was 1.52, a 8.98% decline from 2022.
- Orion OYJ average quick ratio for 2022 was 1.67, a 9.73% decline from 2021.
- Orion OYJ average quick ratio for 2021 was 1.85, a 18.86% 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.