• Wabtec average quick ratio for 2024 was 0.71, a 20.34% increase from 2023.
• Wabtec average quick ratio for 2023 was 0.59, a 13.24% increase from 2022.
• Wabtec average quick ratio for 2022 was 0.68, a 6.85% decline from 2021.

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.