RBC Bearings Quick Ratio 2010-2024 | RBC
- RBC Bearings average quick ratio for 2023 was 1.09, a 9.92% increase from 2022.
- RBC Bearings average quick ratio for 2022 was 1.21, a 79.1% decline from 2021.
- RBC Bearings average quick ratio for 2021 was 5.79, a 94.3% 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.