Neurocrine Biosciences Quick Ratio 2010-2024 | NBIX
- Neurocrine Biosciences average quick ratio for 2023 was 2.75, a 11.29% increase from 2022.
- Neurocrine Biosciences average quick ratio for 2022 was 3.1, a 34.04% decline from 2021.
- Neurocrine Biosciences average quick ratio for 2021 was 4.7, a 18.39% 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.