• Andritz average quick ratio for 2024 was 0.91, a 1.09% decline from 2023.
• Andritz average quick ratio for 2023 was 0.92, a 5.15% decline from 2022.
• Andritz average quick ratio for 2022 was 0.97, a 4.9% 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.