• Ionis Pharmaceuticals average quick ratio for 2023 was 7.72, a 4.69% decline from 2022.
• Ionis Pharmaceuticals average quick ratio for 2022 was 8.1, a 3.05% decline from 2021.
• Ionis Pharmaceuticals average quick ratio for 2021 was 7.86, a 8.82% increase 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.