IDACORP Quick Ratio 2010-2024 | IDA
- IDACORP average quick ratio for 2023 was 1.51, a 17.05% decline from 2022.
- IDACORP average quick ratio for 2022 was 1.29, a 24.12% increase from 2021.
- IDACORP average quick ratio for 2021 was 1.7, a 0.58% 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.