Illumina Quick Ratio 2010-2024 | ILMN

Illumina quick ratio for the quarter ending June 30, 2024 was 0.86.

  • Illumina average quick ratio for 2023 was 1.22, a 17.31% decline from 2022.
  • Illumina average quick ratio for 2022 was 1.04, a 70.54% increase from 2021.
  • Illumina average quick ratio for 2021 was 3.53, a 1.44% 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.

Illumina Quick Ratio 2010-2024 | ILMN

  • Illumina average quick ratio for 2023 was 1.22, a 17.31% decline from 2022.
  • Illumina average quick ratio for 2022 was 1.04, a 70.54% increase from 2021.
  • Illumina average quick ratio for 2021 was 3.53, a 1.44% 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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