Vertex Pharmaceuticals Quick Ratio 2010-2024 | VRTX
- Vertex Pharmaceuticals average quick ratio for 2023 was 3.94, a 13.22% decline from 2022.
- Vertex Pharmaceuticals average quick ratio for 2022 was 4.54, a 4.13% decline from 2021.
- Vertex Pharmaceuticals average quick ratio for 2021 was 4.36, a 17.84% 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.