AutoZone Quick Ratio 2010-2024 | AZO

AutoZone quick ratio for the quarter ending August 31, 2024 was 0.13.

  • AutoZone average quick ratio for 2023 was 0.12, a 0% increase from 2022.
  • AutoZone average quick ratio for 2022 was 0.12, a 45.45% decline from 2021.
  • AutoZone average quick ratio for 2021 was 0.22, a 12% 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.

AutoZone Quick Ratio 2010-2024 | AZO

  • AutoZone average quick ratio for 2023 was 0.12, a 0% increase from 2022.
  • AutoZone average quick ratio for 2022 was 0.12, a 45.45% decline from 2021.
  • AutoZone average quick ratio for 2021 was 0.22, a 12% 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.