Sumitomo Current Ratio 2012-2023 | SSUMY
- Sumitomo average current ratio for 2022 was 1.59, a 3.92% increase from 2021.
- Sumitomo average current ratio for 2021 was 1.53, a 3.16% increase from 2020.
- Sumitomo average current ratio for 2020 was 1.58, a 3.27% decline from 2019.
Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.