Talk about the quick and cash ratio (no need to talk about definition looking at this ) Horizontal analysis Balance Sheet (WDS) 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 Total current assets -44.9085% 117.1576% 0.6115% -8.5001% Cash and cash equivalents -71.9400% 104.9917% -16.0655% -11.1878% Inventories -9.1445% 235.6436% 61.6000% -28.9773% Total current liabilities -24.6065% 152.0214% 25.2149% 85.1459% And look at this common size analysis Total current assets 0.092448 0.156606 0.161593 0.172684 0.158314 Cash and cash equivalents 0.031430 0.104533 0.114263 0.146367 0.138248 Inventories 0.011127 0.011429 0.007630 0.005077 0.005996 Total current liabilities 0.089991 0.111394 0.099041 0.085042 0.038531 And these are the quizk and cash ratio calculation Quick 0.903653151 1.303268765 1.55453852 1.97086915 3.953138815 Cash 0.349257326 0.93840799 1.153699466 1.721107927 3.587975243 Refer to common size and horizotal and compare it with quick and cash ratio