Cabot Quick Ratio 2010-2024 | CBT
- Cabot average quick ratio for 2023 was 1.3, a 27.45% increase from 2022.
- Cabot average quick ratio for 2022 was 1.02, a 0% increase from 2021.
- Cabot average quick ratio for 2021 was 1.02, a 16.39% 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.