Universal Display Quick Ratio 2010-2024 | OLED
- Universal Display average quick ratio for 2023 was 6.74, a 30.87% decline from 2022.
- Universal Display average quick ratio for 2022 was 5.15, a 2.79% increase from 2021.
- Universal Display average quick ratio for 2021 was 5.01, a 3.3% increase 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.