Smith & Nephew SNATS quick ratio for the quarter ending December 31, 2024 was 1.33.
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.