• Analog Devices average quick ratio for 2024 was 1.18, a 1.72% increase from 2023.
• Analog Devices average quick ratio for 2023 was 1.16, a 23.68% increase from 2022.
• Analog Devices average quick ratio for 2022 was 1.52, a 38.18% decline from 2021.

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.