Leonardo DRS Quick Ratio 2010-2024 | DRS

Leonardo DRS quick ratio for the quarter ending June 30, 2024 was 1.6.

  • Leonardo DRS average quick ratio for 2023 was 1.41, a 32.21% increase from 2022.
  • Leonardo DRS average quick ratio for 2022 was 2.08, a 32.69% decline from 2021.
  • Leonardo DRS average quick ratio for 2021 was 3.09, a 34.93% 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.

Leonardo DRS Quick Ratio 2010-2024 | DRS

  • Leonardo DRS average quick ratio for 2023 was 1.41, a 32.21% increase from 2022.
  • Leonardo DRS average quick ratio for 2022 was 2.08, a 32.69% decline from 2021.
  • Leonardo DRS average quick ratio for 2021 was 3.09, a 34.93% 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.
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