Ingredion Quick Ratio 2010-2025 | INGR
- Ingredion average quick ratio for 2024 was 1.57, a 53.92% increase from 2023.
- Ingredion average quick ratio for 2023 was 1.02, a 6.25% increase from 2022.
- Ingredion average quick ratio for 2022 was 0.96, a 22.58% increase from 2021.
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.