Swatch Group AG Quick Ratio 2010-2023 | SWGAY
- Swatch Group AG average quick ratio for 2022 was 2.93, a 11.83% decline from 2021.
- Swatch Group AG average quick ratio for 2021 was 2.62, a 27.8% increase from 2020.
- Swatch Group AG average quick ratio for 2020 was 2.05, a 18.5% 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.