Marathon Oil Quick Ratio 2010-2024 | MRO
- Marathon Oil average quick ratio for 2023 was 0.59, a 39.8% increase from 2022.
- Marathon Oil average quick ratio for 2022 was 0.98, a 10.09% decline from 2021.
- Marathon Oil average quick ratio for 2021 was 1.09, a 12.1% 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.