Seagate Technology Holdings Quick Ratio 2010-2024 | STX
- Seagate Technology Holdings average quick ratio for 2023 was 0.65, a 14.47% increase from 2022.
- Seagate Technology Holdings average quick ratio for 2022 was 0.76, a 15.56% decline from 2021.
- Seagate Technology Holdings average quick ratio for 2021 was 0.9, a 15.09% 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.