Incyte Quick Ratio 2010-2024 | INCY
- Incyte average quick ratio for 2023 was 3.81, a 3.25% decline from 2022.
- Incyte average quick ratio for 2022 was 3.69, a 3.91% increase from 2021.
- Incyte average quick ratio for 2021 was 3.84, a 7.26% 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.