SPX Technologies Quick Ratio 2010-2024 | SPXC

SPX Technologies quick ratio for the quarter ending June 30, 2024 was 0.82.

  • SPX Technologies average quick ratio for 2023 was 1.09, a 26.85% decline from 2022.
  • SPX Technologies average quick ratio for 2022 was 1.49, a 10.37% decline from 2021.
  • SPX Technologies average quick ratio for 2021 was 1.35, a 58.82% increase 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.

SPX Technologies Quick Ratio 2010-2024 | SPXC

  • SPX Technologies average quick ratio for 2023 was 1.09, a 26.85% decline from 2022.
  • SPX Technologies average quick ratio for 2022 was 1.49, a 10.37% decline from 2021.
  • SPX Technologies average quick ratio for 2021 was 1.35, a 58.82% increase 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.