Baker Hughes Quick Ratio 2010-2024 | BKR
- Baker Hughes average quick ratio for 2023 was 0.88, a 16.19% decline from 2022.
- Baker Hughes average quick ratio for 2022 was 1.05, a 10.26% decline from 2021.
- Baker Hughes average quick ratio for 2021 was 1.17, a 10.38% 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.