Shin-Etsu Chemical Quick Ratio 2010-2024 | SHECY
- Shin-Etsu Chemical average quick ratio for 2023 was 4.71, a 13.22% increase from 2022.
- 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.
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.