• Komatsu average quick ratio for 2023 was 1.14, a 9.62% increase from 2022.
• Komatsu average quick ratio for 2022 was 1.04, a 7.96% increase from 2021.
• Komatsu average quick ratio for 2021 was 1.13, a 10.78% 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.