SONOVA HOLDING Quick Ratio 2017-2024 | SONVY
- SONOVA HOLDING average quick ratio for 2023 was 0.95, a 13.1% increase from 2022.
- SONOVA HOLDING average quick ratio for 2022 was 0.84, a 46.84% increase from 2021.
- SONOVA HOLDING average quick ratio for 2021 was 1.58, a 0.64% 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.