Bio-Techne Corp Quick Ratio 2010-2025 | TECH
- Bio-Techne Corp average quick ratio for 2024 was 2.92, a 7.01% decline from 2023.
- Bio-Techne Corp average quick ratio for 2023 was 3.14, a 9.41% decline from 2022.
- Bio-Techne Corp average quick ratio for 2022 was 2.87, a 5.28% increase from 2021.
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.