L3Harris Technologies Inc Quick Ratio 2010-2024 | LHX

L3Harris Technologies Inc quick ratio for the quarter ending September 30, 2024 was 0.87.

  • L3Harris Technologies Inc average quick ratio for 2023 was 0.81, a 17.35% increase from 2022.
  • L3Harris Technologies Inc average quick ratio for 2022 was 0.98, a 29.5% decline from 2021.
  • L3Harris Technologies Inc average quick ratio for 2021 was 1.39, a 10.32% 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.

L3Harris Technologies Inc Quick Ratio 2010-2024 | LHX

  • L3Harris Technologies Inc average quick ratio for 2023 was 0.81, a 17.35% increase from 2022.
  • L3Harris Technologies Inc average quick ratio for 2022 was 0.98, a 29.5% decline from 2021.
  • L3Harris Technologies Inc average quick ratio for 2021 was 1.39, a 10.32% 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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