Beacon Roofing Supply Quick Ratio 2010-2024 | BECN
- Beacon Roofing Supply average quick ratio for 2023 was 1.05, a 1.94% increase from 2022.
- Beacon Roofing Supply average quick ratio for 2022 was 1.03, a 4.63% increase from 2021.
- Beacon Roofing Supply average quick ratio for 2021 was 1.08, a 34.15% 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.