Modine Manufacturing Quick Ratio 2010-2024 | MOD

Modine Manufacturing quick ratio for the quarter ending June 30, 2024 was 1.11.

  • Modine Manufacturing average quick ratio for 2023 was 1.13, a 14.14% decline from 2022.
  • Modine Manufacturing average quick ratio for 2022 was 0.99, a 1.02% increase from 2021.
  • Modine Manufacturing average quick ratio for 2021 was 0.98, a 10.91% 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.

Modine Manufacturing Quick Ratio 2010-2024 | MOD

  • Modine Manufacturing average quick ratio for 2023 was 1.13, a 14.14% decline from 2022.
  • Modine Manufacturing average quick ratio for 2022 was 0.99, a 1.02% increase from 2021.
  • Modine Manufacturing average quick ratio for 2021 was 0.98, a 10.91% 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.
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