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.