Schneider Electric SE Quick Ratio 2010-2024 | SBGSY
- Schneider Electric SE average quick ratio for 2023 was 0.88, a 23.94% increase from 2022.
- Schneider Electric SE average quick ratio for 2022 was 0.71, a 12.35% increase from 2021.
- Schneider Electric SE average quick ratio for 2021 was 0.81, a 28.32% 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.