CocaCola Quick Ratio 2010-2024 | KO
- CocaCola average quick ratio for 2023 was 0.96, a 1.05% decline from 2022.
- CocaCola average quick ratio for 2022 was 0.95, a 18.8% increase from 2021.
- CocaCola average quick ratio for 2021 was 1.17, a 21.88% 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.