• TJX average quick ratio for 2023 was 0.56, a 5.66% decline from 2022.
• TJX average quick ratio for 2022 was 0.53, a 41.11% increase from 2021.
• TJX average quick ratio for 2021 was 0.9, a 3.23% 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.