Howmet Aerospace Quick Ratio 2010-2024 | HWM
- Howmet Aerospace average quick ratio for 2023 was 0.95, a 3.06% increase from 2022.
- Howmet Aerospace average quick ratio for 2022 was 0.98, a 11.71% decline from 2021.
- Howmet Aerospace average quick ratio for 2021 was 1.11, a 9.02% 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.