Techtronic Industries Quick Ratio 2010-2023 | TTNDY

Techtronic Industries quick ratio for the quarter ending December 31, 2023 was 0.63.

  • Techtronic Industries average quick ratio for 2022 was 0.59, a 10.61% increase from 2021.
  • Techtronic Industries average quick ratio for 2021 was 0.66, a 23.26% decline from 2020.
  • Techtronic Industries average quick ratio for 2020 was 0.86, a 4.44% decline from 2019.

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.

Techtronic Industries Quick Ratio 2010-2023 | TTNDY

  • Techtronic Industries average quick ratio for 2022 was 0.59, a 10.61% increase from 2021.
  • Techtronic Industries average quick ratio for 2021 was 0.66, a 23.26% decline from 2020.
  • Techtronic Industries average quick ratio for 2020 was 0.86, a 4.44% decline from 2019.

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.
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