Steel Dynamics Quick Ratio 2010-2025 | STLD
- Steel Dynamics average quick ratio for 2024 was 1.27, a 42.79% increase from 2023.
- Steel Dynamics average quick ratio for 2023 was 2.22, a 12.12% decline from 2022.
- Steel Dynamics average quick ratio for 2022 was 1.98, a 29.41% increase from 2021.
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.