Spirax Group Quick Ratio 2019-2023 | SPXSF

Spirax Group quick ratio for the quarter ending June 30, 2023 was 1.25.

  • Spirax Group average quick ratio for 2022 was 1.2, a 21.05% increase from 2021.
  • Spirax Group average quick ratio for 2021 was 1.52, a 22.84% decline from 2020.
  • Spirax Group average quick ratio for 2020 was 1.97, a 17.26% decline 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.

Spirax Group Quick Ratio 2019-2023 | SPXSF

  • Spirax Group average quick ratio for 2022 was 1.2, a 21.05% increase from 2021.
  • Spirax Group average quick ratio for 2021 was 1.52, a 22.84% decline from 2020.
  • Spirax Group average quick ratio for 2020 was 1.97, a 17.26% decline 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.
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