Starbucks Quick Ratio 2010-2024 | SBUX
- Starbucks average quick ratio for 2023 was 0.56, a 1.75% decline from 2022.
- Starbucks average quick ratio for 2022 was 0.57, a 30.49% decline from 2021.
- Starbucks average quick ratio for 2021 was 0.82, a 9.33% 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.