Wartsila Quick Ratio 2017-2024 | WRTBY
- Wartsila average quick ratio for 2023 was 0.75, a 6.25% decline from 2022.
- Wartsila average quick ratio for 2022 was 0.8, a 9.09% decline from 2021.
- Wartsila average quick ratio for 2021 was 0.88, a 3.3% 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.