Owens Corning Inc Quick Ratio 2010-2024 | OC
- Owens Corning Inc average quick ratio for 2023 was 1.3, a 14.04% decline from 2022.
- Owens Corning Inc average quick ratio for 2022 was 1.14, a 11.63% increase from 2021.
- Owens Corning Inc average quick ratio for 2021 was 1.29, a 12.17% 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.