• MGM Resorts average quick ratio for 2023 was 1.85, a 20.92% decline from 2022.
• MGM Resorts average quick ratio for 2022 was 1.53, a 43.33% increase from 2021.
• MGM Resorts average quick ratio for 2021 was 2.7, a 1.5% 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.