• Texas Instruments average quick ratio for 2023 was 3.99, a 5% decline from 2022.
• Texas Instruments average quick ratio for 2022 was 4.2, a 10.06% decline from 2021.
• Texas Instruments average quick ratio for 2021 was 4.67, a 51.13% 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.