Demant Quick Ratio 2012-2024 | WILYY

Demant quick ratio for the quarter ending June 30, 2024 was 1.06.

  • Demant average quick ratio for 2023 was 0.84, a 37.7% increase from 2022.
  • Demant average quick ratio for 2022 was 0.61, a 12.96% increase from 2021.
  • Demant average quick ratio for 2021 was 0.54, a 3.57% 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.

Demant Quick Ratio 2012-2024 | WILYY

  • Demant average quick ratio for 2023 was 0.84, a 37.7% increase from 2022.
  • Demant average quick ratio for 2022 was 0.61, a 12.96% increase from 2021.
  • Demant average quick ratio for 2021 was 0.54, a 3.57% 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.
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