TDK Quick Ratio 2010-2024 | TTDKY
- TDK average quick ratio for 2023 was 1.22, a 15.09% increase from 2022.
- TDK average quick ratio for 2022 was 1.06, a 10.42% increase from 2021.
- TDK average quick ratio for 2021 was 0.96, a 5.88% 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.