Littelfuse Quick Ratio 2010-2024 | LFUS
- Littelfuse average quick ratio for 2023 was 1.99, a 12.33% increase from 2022.
- Littelfuse average quick ratio for 2022 was 2.27, a 7.35% decline from 2021.
- Littelfuse average quick ratio for 2021 was 2.45, a 37.34% 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.