• CSX average quick ratio for 2023 was 1.1, a 17.29% increase from 2022.
• CSX average quick ratio for 2022 was 1.33, a 30% decline from 2021.
• CSX average quick ratio for 2021 was 1.9, a 9.83% 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.