Woodside Energy Group Quick Ratio 2010-2024 | WDS
- Woodside Energy Group average quick ratio for 2023 was 0.98, a 20.97% increase from 2022.
- Woodside Energy Group average quick ratio for 2022 was 1.24, a 39.22% decline from 2021.
- Woodside Energy Group average quick ratio for 2021 was 2.04, a 10.13% 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.