International Paper Quick Ratio 2010-2024 | IP
- International Paper average quick ratio for 2023 was 1.17, a 5.41% decline from 2022.
- International Paper average quick ratio for 2022 was 1.11, a 17.16% increase from 2021.
- International Paper average quick ratio for 2021 was 1.34, a 59.52% 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.