Westinghouse Air Brake Technologies Quick Ratio 2010-2024 | WAB
- Westinghouse Air Brake Technologies average quick ratio for 2023 was 0.59, a 13.24% increase from 2022.
- Westinghouse Air Brake Technologies average quick ratio for 2022 was 0.68, a 6.85% decline from 2021.
- Westinghouse Air Brake Technologies average quick ratio for 2021 was 0.73, a 4.29% 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.