• Kubota average quick ratio for 2023 was 1.26, a 22.33% increase from 2022.
• Kubota average quick ratio for 2022 was 1.03, a 7.21% increase from 2021.
• Kubota average quick ratio for 2021 was 1.11, a 17.16% 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.