Saipem Quick Ratio 2019-2023 | SAPMF

Saipem quick ratio for the quarter ending June 30, 2023 was 1.12.

  • Saipem average quick ratio for 2022 was 1.07, a 2.88% increase from 2021.
  • Saipem average quick ratio for 2021 was 1.04, a 13.33% increase from 2020.
  • Saipem average quick ratio for 2020 was 1.2, a 6.98% decline from 2019.

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.

Saipem Quick Ratio 2019-2023 | SAPMF

  • Saipem average quick ratio for 2022 was 1.07, a 2.88% increase from 2021.
  • Saipem average quick ratio for 2021 was 1.04, a 13.33% increase from 2020.
  • Saipem average quick ratio for 2020 was 1.2, a 6.98% decline from 2019.

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.
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