Corning Quick Ratio 2010-2025 | GLW
- Corning average quick ratio for 2024 was 1.03, a 3% increase from 2023.
- Corning average quick ratio for 2023 was 1, a 6.38% increase from 2022.
- Corning average quick ratio for 2022 was 0.94, a 25.4% increase from 2021.
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.