• Valmont Industries average quick ratio for 2023 was 1.48, a 15.63% increase from 2022.
• Valmont Industries average quick ratio for 2022 was 1.28, a 7.25% increase from 2021.
• Valmont Industries average quick ratio for 2021 was 1.38, a 20.23% 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.