QUALCOMM Quick Ratio 2010-2024 | QCOM
- QUALCOMM average quick ratio for 2023 was 1.69, a 34.13% increase from 2022.
- QUALCOMM average quick ratio for 2022 was 1.26, a 14.86% increase from 2021.
- QUALCOMM average quick ratio for 2021 was 1.48, a 12.43% 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.