Coca-Cola Consolidated Quick Ratio 2010-2024 | COKE
- Coca-Cola Consolidated average quick ratio for 2023 was 1.34, a 39.58% increase from 2022.
- Coca-Cola Consolidated average quick ratio for 2022 was 0.96, a 2.04% increase from 2021.
- Coca-Cola Consolidated average quick ratio for 2021 was 0.98, a 8.41% 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.