• Norfolk Southern average quick ratio for 2023 was 0.84, a 1.18% decline from 2022.
• Norfolk Southern average quick ratio for 2022 was 0.85, a 8.6% decline from 2021.
• Norfolk Southern average quick ratio for 2021 was 0.93, a 7% 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.