Safran SA Quick Ratio 2012-2024 | SAFRY
- Safran SA average quick ratio for 2023 was 0.69, a 4.55% decline from 2022.
- Safran SA average quick ratio for 2022 was 0.66, a 14.29% increase from 2021.
- Safran SA average quick ratio for 2021 was 0.77, a 16.67% 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.