Packaging Of America Quick Ratio 2010-2024 | PKG

Packaging Of America quick ratio for the quarter ending September 30, 2024 was 1.98.

  • Packaging Of America average quick ratio for 2023 was 1.8, a 8.16% increase from 2022.
  • Packaging Of America average quick ratio for 2022 was 1.96, a 12.89% decline from 2021.
  • Packaging Of America average quick ratio for 2021 was 2.25, a 11.42% 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.

Packaging Of America Quick Ratio 2010-2024 | PKG

  • Packaging Of America average quick ratio for 2023 was 1.8, a 8.16% increase from 2022.
  • Packaging Of America average quick ratio for 2022 was 1.96, a 12.89% decline from 2021.
  • Packaging Of America average quick ratio for 2021 was 2.25, a 11.42% 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.
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