• Rambus average quick ratio for 2023 was 5.66, a 53.8% increase from 2022.
• Rambus average quick ratio for 2022 was 3.68, a 43.9% increase from 2021.
• Rambus average quick ratio for 2021 was 6.56, a 19.31% 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.