International Flavors & Fragrances Quick Ratio 2010-2024 | IFF
- International Flavors & Fragrances average quick ratio for 2023 was 0.98, a 7.55% increase from 2022.
- International Flavors & Fragrances average quick ratio for 2022 was 1.06, a 12.4% decline from 2021.
- International Flavors & Fragrances average quick ratio for 2021 was 1.21, a 2.54% 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.