Cooper Quick Ratio 2010-2024 | COO
- Cooper average quick ratio for 2023 was 0.99, a 41.43% increase from 2022.
- Cooper average quick ratio for 2022 was 0.7, a 21.35% increase from 2021.
- Cooper average quick ratio for 2021 was 0.89, a 41.27% 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.