Merit Medical Systems Quick Ratio 2010-2024 | MMSI
- Merit Medical Systems average quick ratio for 2023 was 2.05, a 66.67% increase from 2022.
- Merit Medical Systems average quick ratio for 2022 was 1.23, a 6.03% increase from 2021.
- Merit Medical Systems average quick ratio for 2021 was 1.16, a 10.77% 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.