Bristol Myers Squibb Quick Ratio 2010-2024 | BMY
- Bristol Myers Squibb average quick ratio for 2023 was 1.24, a 1.59% decline from 2022.
- Bristol Myers Squibb average quick ratio for 2022 was 1.26, a 11.27% decline from 2021.
- Bristol Myers Squibb average quick ratio for 2021 was 1.42, a 4.05% 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.