IDEX Quick Ratio 2010-2024 | IEX

IDEX quick ratio for the quarter ending September 30, 2024 was 2.11.

  • IDEX average quick ratio for 2023 was 2.1, a 4.98% increase from 2022.
  • IDEX average quick ratio for 2022 was 2.21, a 22.73% decline from 2021.
  • IDEX average quick ratio for 2021 was 2.86, a 1.72% 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.

IDEX Quick Ratio 2010-2024 | IEX

  • IDEX average quick ratio for 2023 was 2.1, a 4.98% increase from 2022.
  • IDEX average quick ratio for 2022 was 2.21, a 22.73% decline from 2021.
  • IDEX average quick ratio for 2021 was 2.86, a 1.72% 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.
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