Federal Signal Quick Ratio 2010-2024 | FSS
- Federal Signal average quick ratio for 2023 was 1.32, a 6.45% increase from 2022.
- Federal Signal average quick ratio for 2022 was 1.24, a 6.06% increase from 2021.
- Federal Signal average quick ratio for 2021 was 1.32, a 4.35% 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.