• EMCOR average quick ratio for 2023 was 1.25, a 2.34% decline from 2022.
• EMCOR average quick ratio for 2022 was 1.28, a 10.49% decline from 2021.
• EMCOR average quick ratio for 2021 was 1.43, a 1.38% 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.