TE Connectivity Quick Ratio 2010-2024 | TEL
- TE Connectivity average quick ratio for 2023 was 1.14, a 21.28% decline from 2022.
- TE Connectivity average quick ratio for 2022 was 0.94, a 9.62% increase from 2021.
- TE Connectivity average quick ratio for 2021 was 1.04, a 7.22% 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.