• Teledyne Technologies average quick ratio for 2023 was 1.15, a 0.86% increase from 2022.
• Teledyne Technologies average quick ratio for 2022 was 1.16, a 53.97% decline from 2021.
• Teledyne Technologies average quick ratio for 2021 was 2.52, a 60.51% 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.