• Zealand Pharma average quick ratio for 2023 was 7.59, a 98.69% increase from 2022.
• Zealand Pharma average quick ratio for 2022 was 3.82, a 12.79% increase from 2021.
• Zealand Pharma average quick ratio for 2021 was 4.38, a 10.33% 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.