RTX Quick Ratio 2010-2024 | RTX
- RTX average quick ratio for 2023 was 0.8, a 4.76% decline from 2022.
- RTX average quick ratio for 2022 was 0.84, a 8.7% decline from 2021.
- RTX average quick ratio for 2021 was 0.92, a 0% 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.