POSCO Quick Ratio 2010-2024 | PKX
- POSCO average quick ratio for 2023 was 1.54, a 10.79% decline from 2022.
- POSCO average quick ratio for 2022 was 1.39, a 12.03% increase from 2021.
- POSCO average quick ratio for 2021 was 1.58, a 2.6% 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.