Monolithic Power Systems Quick Ratio 2010-2024 | MPWR
- Monolithic Power Systems average quick ratio for 2023 was 5.01, a 41.93% increase from 2022.
- Monolithic Power Systems average quick ratio for 2022 was 3.53, a 10.41% increase from 2021.
- Monolithic Power Systems average quick ratio for 2021 was 3.94, a 14.35% 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.