National Beverage Quick Ratio 2010-2024 | FIZZ
- National Beverage average quick ratio for 2023 was 2.11, a 66.14% decline from 2022.
- National Beverage average quick ratio for 2022 was 1.27, a 42.27% increase from 2021.
- National Beverage average quick ratio for 2021 was 2.2, a 30.16% 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.