SGS SA Quick Ratio 2012-2024 | SGSOY
- SGS SA average quick ratio for 2023 was 0.96, a 1.03% increase from 2022.
- SGS SA average quick ratio for 2022 was 0.97, a 19.17% decline from 2021.
- SGS SA average quick ratio for 2021 was 1.2, a 1.64% 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.