• Petroleo Brasileiro S.A.- Petrobras average quick ratio for 2023 was 0.75, a 18.48% decline from 2022.
• Petroleo Brasileiro S.A.- Petrobras average quick ratio for 2022 was 0.92, a 1.08% decline from 2021.
• Petroleo Brasileiro S.A.- Petrobras average quick ratio for 2021 was 0.93, a 0% 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.