Coherent Quick Ratio 2010-2024 | COHR
- Coherent average quick ratio for 2023 was 1.82, a 6.67% decline from 2022.
- Coherent average quick ratio for 2022 was 1.95, a 24.42% decline from 2021.
- Coherent average quick ratio for 2021 was 2.58, a 32.99% 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.