Emerson Electric Quick Ratio 2010-2024 | EMR
- Emerson Electric average quick ratio for 2023 was 1.54, a 57.14% decline from 2022.
- Emerson Electric average quick ratio for 2022 was 0.98, a 14.04% increase from 2021.
- Emerson Electric average quick ratio for 2021 was 1.14, a 20% 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.