Volkswagen AG Quick Ratio 2010-2024 | VWAGY
- Volkswagen AG average quick ratio for 2023 was 0.91, a 6.19% decline from 2022.
- Volkswagen AG average quick ratio for 2022 was 0.97, a 4.3% decline from 2021.
- Volkswagen AG average quick ratio for 2021 was 0.93, a 6.9% 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.