• Warner Music Group average quick ratio for 2023 was 0.66, a 8.2% decline from 2022.
• Warner Music Group average quick ratio for 2022 was 0.61, a 5.17% increase from 2021.
• Warner Music Group average quick ratio for 2021 was 0.58, a 1.69% 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.