MP Materials Quick Ratio 2020-2025 | MP
- MP Materials average quick ratio for 2024 was 6.79, a 44.57% decline from 2023.
- MP Materials average quick ratio for 2023 was 12.25, a 34.1% decline from 2022.
- MP Materials average quick ratio for 2022 was 18.59, a 9.68% decline from 2021.
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.