LKQ Quick Ratio 2010-2025 | LKQ
- LKQ average quick ratio for 2024 was 0.66, a 15.38% decline from 2023.
- LKQ average quick ratio for 2023 was 0.78, a 8.33% decline from 2022.
- LKQ average quick ratio for 2022 was 0.72, a 10% increase from 2021.
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.