Orient Overseas Quick Ratio 2010-2024 | OROVY
- Orient Overseas average quick ratio for 2023 was 3.1, a 5.08% increase from 2022.
- Orient Overseas average quick ratio for 2022 was 2.95, a 17.06% increase from 2021.
- Orient Overseas average quick ratio for 2021 was 2.52, a 40.78% 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.