UFP Industries Quick Ratio 2010-2024 | UFPI
- UFP Industries average quick ratio for 2023 was 2.85, a 67.65% increase from 2022.
- UFP Industries average quick ratio for 2022 was 1.7, a 14.09% increase from 2021.
- UFP Industries average quick ratio for 2021 was 1.49, a 21.16% 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.