Waters Quick Ratio 2010-2024 | WAT
- Waters average quick ratio for 2023 was 1.51, a 7.36% decline from 2022.
- Waters average quick ratio for 2022 was 1.63, a 12.83% decline from 2021.
- Waters average quick ratio for 2021 was 1.87, a 28.08% 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.