Thor Industries Quick Ratio 2010-2024 | THO
- Thor Industries average quick ratio for 2023 was 0.67, a 12.99% increase from 2022.
- Thor Industries average quick ratio for 2022 was 0.77, a 4.05% decline from 2021.
- Thor Industries average quick ratio for 2021 was 0.74, a 12.94% 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.