• Martin Marietta Materials average quick ratio for 2023 was 1.76, a 0% decline from 2022.
• Martin Marietta Materials average quick ratio for 2022 was 1.76, a 33.08% decline from 2021.
• Martin Marietta Materials average quick ratio for 2021 was 2.63, a 67.52% 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.