Smith & Nephew SNATS Quick Ratio 2010-2024 | SNN

Smith & Nephew SNATS quick ratio for the quarter ending June 30, 2024 was 1.11.

  • Smith & Nephew SNATS average quick ratio for 2023 was 0.78, a 13.33% increase from 2022.
  • Smith & Nephew SNATS average quick ratio for 2022 was 0.9, a 27.42% decline from 2021.
  • Smith & Nephew SNATS average quick ratio for 2021 was 1.24, a 11.43% 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.

Smith & Nephew SNATS Quick Ratio 2010-2024 | SNN

  • Smith & Nephew SNATS average quick ratio for 2023 was 0.78, a 13.33% increase from 2022.
  • Smith & Nephew SNATS average quick ratio for 2022 was 0.9, a 27.42% decline from 2021.
  • Smith & Nephew SNATS average quick ratio for 2021 was 1.24, a 11.43% 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.
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