• Hubbell Inc average quick ratio for 2023 was 1.25, a 0.81% decline from 2022.
• Hubbell Inc average quick ratio for 2022 was 1.24, a 12.73% increase from 2021.
• Hubbell Inc average quick ratio for 2021 was 1.1, a 13.39% 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.