• Cintas average quick ratio for 2023 was 1.93, a 45.11% decline from 2022.
• Cintas average quick ratio for 2022 was 1.33, a 5.56% increase from 2021.
• Cintas average quick ratio for 2021 was 1.26, a 35.71% increase 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.