Leonardo DRS Quick Ratio 2010-2025 | DRS
- Leonardo DRS average quick ratio for 2024 was 1.63, a 15.6% increase from 2023.
- 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.
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.