• Light & Wonder average quick ratio for 2023 was 2.32, a 17.17% decline from 2022.
• Light & Wonder average quick ratio for 2022 was 1.98, a 5.71% increase from 2021.
• Light & Wonder average quick ratio for 2021 was 2.1, a 2.94% 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.