Transdigm Group Quick Ratio 2010-2024 | TDG
- Transdigm Group average quick ratio for 2023 was 2.94, a 16.24% decline from 2022.
- Transdigm Group average quick ratio for 2022 was 3.51, a 1.68% decline from 2021.
- Transdigm Group average quick ratio for 2021 was 3.57, a 11.21% 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.