Mettler-Toledo Quick Ratio 2010-2024 | MTD
- Mettler-Toledo average quick ratio for 2023 was 0.8, a 2.56% decline from 2022.
- Mettler-Toledo average quick ratio for 2022 was 0.78, a 8.24% increase from 2021.
- Mettler-Toledo average quick ratio for 2021 was 0.85, a 19.05% 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.