Telefonica SA Quick Ratio 2010-2024 | TEF
- Telefonica SA average quick ratio for 2023 was 0.84, a 3.45% decline from 2022.
- Telefonica SA average quick ratio for 2022 was 0.87, a 23.01% decline from 2021.
- Telefonica SA average quick ratio for 2021 was 1.13, a 10.78% 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.