ITT Quick Ratio 2010-2024 | ITT

ITT quick ratio for the quarter ending June 30, 2024 was 1.1.

  • ITT average quick ratio for 2023 was 1.14, a 8.57% decline from 2022.
  • ITT average quick ratio for 2022 was 1.05, a 29.53% increase from 2021.
  • ITT average quick ratio for 2021 was 1.49, a 6.88% 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.

ITT Quick Ratio 2010-2024 | ITT

  • ITT average quick ratio for 2023 was 1.14, a 8.57% decline from 2022.
  • ITT average quick ratio for 2022 was 1.05, a 29.53% increase from 2021.
  • ITT average quick ratio for 2021 was 1.49, a 6.88% 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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