• Lattice Semiconductor average quick ratio for 2023 was 2.56, a 15.32% increase from 2022.
• Lattice Semiconductor average quick ratio for 2022 was 2.22, a 23.18% increase from 2021.
• Lattice Semiconductor average quick ratio for 2021 was 2.89, a 7.07% 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.