Las Vegas Sands Quick Ratio 2010-2024 | LVS
- Las Vegas Sands average quick ratio for 2023 was 1.83, a 26.8% decline from 2022.
- Las Vegas Sands average quick ratio for 2022 was 2.5, a 15.21% decline from 2021.
- Las Vegas Sands average quick ratio for 2021 was 2.17, a 37.34% increase 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.