Acuity Quick Ratio 2010-2025 | AYI
- Acuity average quick ratio for 2024 was 2.16, a 27.06% decline from 2023.
- Acuity average quick ratio for 2023 was 1.7, a 24.09% increase from 2022.
- Acuity average quick ratio for 2022 was 1.37, a 19.88% increase 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.