Vulcan Materials Quick Ratio 2010-2024 | VMC
- Vulcan Materials average quick ratio for 2023 was 2.07, a 55.64% decline from 2022.
- Vulcan Materials average quick ratio for 2022 was 1.33, a 37.85% increase from 2021.
- Vulcan Materials average quick ratio for 2021 was 2.14, a 28.92% 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.