ONEOK Quick Ratio 2010-2024 | OKE
- ONEOK average quick ratio for 2023 was 0.79, a 36.21% decline from 2022.
- ONEOK average quick ratio for 2022 was 0.58, a 12.12% increase from 2021.
- ONEOK average quick ratio for 2021 was 0.66, a 42.61% 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.