Campbell's Quick Ratio 2010-2024 | CPB
- Campbell's average quick ratio for 2023 was 0.35, a 6.06% decline from 2022.
- Campbell's average quick ratio for 2022 was 0.33, a 31.25% increase from 2021.
- Campbell's average quick ratio for 2021 was 0.48, a 2.04% 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.