Persimmon Plc Quick Ratio 2016-2024 | PSMMY
- Persimmon Plc average quick ratio for 2023 was 0.59, a 42.16% decline from 2022.
- Persimmon Plc average quick ratio for 2022 was 1.02, a 36.25% decline from 2021.
- Persimmon Plc average quick ratio for 2021 was 1.6, a 21.21% 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.