Rockwell Automation Quick Ratio 2010-2024 | ROK
- Rockwell Automation average quick ratio for 2023 was 0.83, a 12.16% decline from 2022.
- Rockwell Automation average quick ratio for 2022 was 0.74, a 18.68% increase from 2021.
- Rockwell Automation average quick ratio for 2021 was 0.91, a 18.02% 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.