Secom Quick Ratio 2011-2024 | SOMLY
- Secom average quick ratio for 2023 was 2.48, a 10.79% decline from 2022.
- Secom average quick ratio for 2022 was 2.78, a 2.96% decline from 2021.
- Secom average quick ratio for 2021 was 2.7, a 10.66% increase 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.