Piper Sandler Quick Ratio 2010-2024 | PIPR
- Piper Sandler average quick ratio for 2023 was 0.56, a 23.29% increase from 2022.
- Piper Sandler average quick ratio for 2022 was 0.73, a 10.98% decline from 2021.
- Piper Sandler average quick ratio for 2021 was 0.82, a 36.67% 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.