• Teva Pharmaceutical Industries average quick ratio for 2023 was 0.68, a 4.23% decline from 2022.
• Teva Pharmaceutical Industries average quick ratio for 2022 was 0.71, a 1.43% decline from 2021.
• Teva Pharmaceutical Industries average quick ratio for 2021 was 0.7, a 2.94% increase 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.