• Ball average quick ratio for 2023 was 0.51, a 10.53% increase from 2022.
• Ball average quick ratio for 2022 was 0.57, a 6.56% decline from 2021.
• Ball average quick ratio for 2021 was 0.61, a 14.08% 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.