• Stanley Black & Decker average quick ratio for 2023 was 0.41, a 32.26% increase from 2022.
• Stanley Black & Decker average quick ratio for 2022 was 0.31, a 41.51% increase from 2021.
• Stanley Black & Decker average quick ratio for 2021 was 0.53, a 20.9% 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.