Abbott Laboratories Quick Ratio 2010-2024 | ABT
- Abbott Laboratories average quick ratio for 2023 was 1.19, a 15% decline from 2022.
- Abbott Laboratories average quick ratio for 2022 was 1.4, a 0.72% decline from 2021.
- Abbott Laboratories average quick ratio for 2021 was 1.39, a 20.87% 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.