TotalEnergies SE Quick Ratio 2010-2024 | TTE
- TotalEnergies SE average quick ratio for 2023 was 0.92, a 7.07% decline from 2022.
- TotalEnergies SE average quick ratio for 2022 was 0.99, a 4.21% decline from 2021.
- TotalEnergies SE average quick ratio for 2021 was 0.95, a 10.38% 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.