Swire Pacific Quick Ratio 2010-2023 | SWRAY
- Swire Pacific average quick ratio for 2022 was 0.85, a 1.16% increase from 2021.
- Swire Pacific average quick ratio for 2021 was 0.86, a 31.75% decline from 2020.
- Swire Pacific average quick ratio for 2020 was 1.26, a 29.9% 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.