Mueller Industries Quick Ratio 2010-2024 | MLI
- Mueller Industries average quick ratio for 2023 was 4.32, a 83.05% decline from 2022.
- Mueller Industries average quick ratio for 2022 was 2.36, a 44.79% increase from 2021.
- Mueller Industries average quick ratio for 2021 was 1.63, a 11.41% 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.