Sunny Optical Technology Quick Ratio 2019-2023 | SNPTF
- Sunny Optical Technology average quick ratio for 2022 was 1.34, a 23.43% increase from 2021.
- Sunny Optical Technology average quick ratio for 2021 was 1.75, a 19.05% decline from 2020.
- Sunny Optical Technology average quick ratio for 2020 was 1.47, a 7.3% 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.