Shionogi Quick Ratio 2021-2024 | SGIOY
- Shionogi average quick ratio for 2023 was 5.14, a 5.54% increase from 2022.
- Shionogi average quick ratio for 2022 was 4.87, a 18.97% increase from 2021.
- Shionogi average quick ratio for 2021 was 6.01, a 2.91% 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.