• Canadian National Railway average quick ratio for 2023 was 0.58, a 13.43% decline from 2022.
• Canadian National Railway average quick ratio for 2022 was 0.67, a 30.21% decline from 2021.
• Canadian National Railway average quick ratio for 2021 was 0.96, a 28% 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.