PPG Industries Quick Ratio 2010-2024 | PPG
- PPG Industries average quick ratio for 2023 was 1.07, a 4.9% increase from 2022.
- PPG Industries average quick ratio for 2022 was 1.02, a 4.08% increase from 2021.
- PPG Industries average quick ratio for 2021 was 0.98, a 7.55% 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.