Hexcel Quick Ratio 2010-2024 | HXL
- Hexcel average quick ratio for 2023 was 1.63, a 10.88% decline from 2022.
- Hexcel average quick ratio for 2022 was 1.47, a 8.13% increase from 2021.
- Hexcel average quick ratio for 2021 was 1.6, a 21.57% 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.