Toll Brothers Quick Ratio 2010-2024 | TOL
- Toll Brothers average quick ratio for 2023 was 0.79, a 14.49% decline from 2022.
- Toll Brothers average quick ratio for 2022 was 0.69, a 32.35% increase from 2021.
- Toll Brothers average quick ratio for 2021 was 1.02, a 12.82% 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.