• Alaska Air average quick ratio for 2023 was 0.63, a 19.23% decline from 2022.
• Alaska Air average quick ratio for 2022 was 0.78, a 17.89% decline from 2021.
• Alaska Air average quick ratio for 2021 was 0.95, a 11.76% 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.