Flowserve Quick Ratio 2010-2024 | FLS
- Flowserve average quick ratio for 2023 was 1.29, a 5.84% increase from 2022.
- Flowserve average quick ratio for 2022 was 1.37, a 10.46% decline from 2021.
- Flowserve average quick ratio for 2021 was 1.53, a 13.07% 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.