• GE Aerospace average quick ratio for 2023 was 0.93, a 10.71% decline from 2022.
• GE Aerospace average quick ratio for 2022 was 0.84, a 40.85% increase from 2021.
• GE Aerospace average quick ratio for 2021 was 1.42, a 18.39% 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.