Nordson Quick Ratio 2010-2025 | NDSN
- Nordson average quick ratio for 2024 was 1.45, a 34.26% increase from 2023.
- Nordson average quick ratio for 2023 was 1.08, a 0% increase from 2022.
- Nordson average quick ratio for 2022 was 1.08, a 41.62% decline from 2021.
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.