Telefonica Brasil S.A Quick Ratio 2010-2024 | VIV
- Telefonica Brasil S.A average quick ratio for 2023 was 0.86, a 7.5% increase from 2022.
- Telefonica Brasil S.A average quick ratio for 2022 was 0.8, a 23.08% increase from 2021.
- Telefonica Brasil S.A average quick ratio for 2021 was 1.04, a 0.95% 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.