Ternium S.A Quick Ratio 2010-2024 | TX
- Ternium S.A average quick ratio for 2023 was 2.16, a 3.85% decline from 2022.
- Ternium S.A average quick ratio for 2022 was 2.08, a 55.22% increase from 2021.
- Ternium S.A average quick ratio for 2021 was 1.34, a 1.52% 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.