• Hitachi average quick ratio for 2023 was 0.84, a 13.51% decline from 2022.
• Hitachi average quick ratio for 2022 was 0.74, a 19.57% increase from 2021.
• Hitachi average quick ratio for 2021 was 0.92, a 5.75% 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.