• Ciena average quick ratio for 2024 was 2.9, a 9.43% decline from 2023.
• Ciena average quick ratio for 2023 was 2.65, a 8.62% increase from 2022.
• Ciena average quick ratio for 2022 was 2.9, a 7.64% decline from 2021.

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.