United Rentals Quick Ratio 2010-2024 | URI
- United Rentals average quick ratio for 2023 was 0.81, a 10.99% decline from 2022.
- United Rentals average quick ratio for 2022 was 0.91, a 9.64% decline from 2021.
- United Rentals average quick ratio for 2021 was 0.83, a 9.78% 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.