Topicus Quick Ratio 2022-2025 | TOITF
- Topicus average quick ratio for 2024 was 0.62, a 7.46% decline from 2023.
- Topicus average quick ratio for 2023 was 0.67, a 9.84% decline from 2022.
- Topicus average quick ratio for 2022 was 0.61, a 60.53% increase from 2021.
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.