Demant Quick Ratio 2012-2023 | WILYY

Demant quick ratio for the quarter ending December 31, 2023 was 0.95.

  • 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.
  • Demant average quick ratio for 2020 was 0.56, a 3.7% decline from 2019.

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 2012-2023 | WILYY

  • 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.
  • Demant average quick ratio for 2020 was 0.56, a 3.7% decline from 2019.

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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