Plains All American Pipeline Quick Ratio 2010-2024 | PAA
- Plains All American Pipeline average quick ratio for 2023 was 0.88, a 1.15% increase from 2022.
- Plains All American Pipeline average quick ratio for 2022 was 0.87, a 6.1% increase from 2021.
- Plains All American Pipeline average quick ratio for 2021 was 0.82, a 9.33% 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.