• Microsoft average quick ratio for 2023 was 1.62, a 12.43% decline from 2022.
• Microsoft average quick ratio for 2022 was 1.85, a 14.35% decline from 2021.
• Microsoft average quick ratio for 2021 was 2.16, a 16.92% 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.