Eastman Chemical Quick Ratio 2010-2024 | EMN
- Eastman Chemical average quick ratio for 2023 was 0.68, a 8.11% increase from 2022.
- Eastman Chemical average quick ratio for 2022 was 0.74, a 36.21% decline from 2021.
- Eastman Chemical average quick ratio for 2021 was 1.16, a 6.42% 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.