Micron Technology Quick Ratio 2010-2024 | MU

Micron Technology quick ratio for the quarter ending August 31, 2024 was 1.68.

  • Micron Technology average quick ratio for 2023 was 2.53, a 12.44% decline from 2022.
  • Micron Technology average quick ratio for 2022 was 2.25, a 6.64% increase from 2021.
  • Micron Technology average quick ratio for 2021 was 2.41, a 24.87% 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.

Micron Technology Quick Ratio 2010-2024 | MU

  • Micron Technology average quick ratio for 2023 was 2.53, a 12.44% decline from 2022.
  • Micron Technology average quick ratio for 2022 was 2.25, a 6.64% increase from 2021.
  • Micron Technology average quick ratio for 2021 was 2.41, a 24.87% 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.
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