Weatherford Quick Ratio 2010-2024 | WFRD
- Weatherford average quick ratio for 2023 was 1.46, a 12.05% increase from 2022.
- Weatherford average quick ratio for 2022 was 1.66, a 7.26% decline from 2021.
- Weatherford average quick ratio for 2021 was 1.79, a 11.18% 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.