TELUS Quick Ratio 2010-2024 | TU
- TELUS average quick ratio for 2023 was 0.62, a 3.33% increase from 2022.
- TELUS average quick ratio for 2022 was 0.6, a 18.92% increase from 2021.
- TELUS average quick ratio for 2021 was 0.74, a 5.13% 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.