Terumo Quick Ratio 2012-2024 | TRUMY
- Terumo average quick ratio for 2023 was 1.1, a 45.81% increase from 2022.
- Terumo average quick ratio for 2022 was 2.03, a 11.54% decline from 2021.
- Terumo average quick ratio for 2021 was 1.82, a 4.6% increase 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.