Dover Quick Ratio 2010-2024 | DOV
- Dover average quick ratio for 2023 was 0.88, a 11.39% increase from 2022.
- Dover average quick ratio for 2022 was 0.79, a 23.3% increase from 2021.
- Dover average quick ratio for 2021 was 1.03, a 7.29% 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.