Steel Dynamics Quick Ratio 2010-2024 | STLD
- 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.
- Steel Dynamics average quick ratio for 2021 was 1.53, a 27.49% 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.