Shin-Etsu Chemical Quick Ratio 2010-2023 | SHECY

Shin-Etsu Chemical quick ratio for the quarter ending December 31, 2023 was 4.73.

  • Shin-Etsu Chemical average quick ratio for 2022 was 4.16, a 9.17% increase from 2021.
  • Shin-Etsu Chemical average quick ratio for 2021 was 4.58, a 4.09% decline from 2020.
  • Shin-Etsu Chemical average quick ratio for 2020 was 4.4, a 9.45% increase 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.

Shin-Etsu Chemical Quick Ratio 2010-2023 | SHECY

  • Shin-Etsu Chemical average quick ratio for 2022 was 4.16, a 9.17% increase from 2021.
  • Shin-Etsu Chemical average quick ratio for 2021 was 4.58, a 4.09% decline from 2020.
  • Shin-Etsu Chemical average quick ratio for 2020 was 4.4, a 9.45% increase 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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