• CF Industries Holdings average quick ratio for 2023 was 4.41, a 77.11% decline from 2022.
• CF Industries Holdings average quick ratio for 2022 was 2.49, a 61.69% increase from 2021.
• CF Industries Holdings average quick ratio for 2021 was 1.54, a 29.41% increase 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.