Simpson Manufacturing Quick Ratio 2010-2024 | SSD
- Simpson Manufacturing average quick ratio for 2023 was 2.12, a 15.2% decline from 2022.
- Simpson Manufacturing average quick ratio for 2022 was 2.5, a 5.93% decline from 2021.
- Simpson Manufacturing average quick ratio for 2021 was 2.36, a 16.9% 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.