Gilead Sciences Quick Ratio 2010-2024 | GILD
- Gilead Sciences average quick ratio for 2023 was 1.13, a 7.38% decline from 2022.
- Gilead Sciences average quick ratio for 2022 was 1.22, a 3.39% decline from 2021.
- Gilead Sciences average quick ratio for 2021 was 1.18, a 50.63% increase 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.