Quick Ratio

The quick ratio measures a company's ability to pay short-term debts using its most liquid assets, such as cash and receivables, while excluding inventory.

Agilent’s current quick ratio of 1.47x means it has $1.47 in liquid assets for every $1 of current liabilities, indicating a comfortable liquidity position. This is above the healthcare sector median of 1.02x, placing the company in the 71st percentile among peers. The metric has been perfectly stable over the last eight quarters, with a year-over-year change of +0.0% and a quarter-over-quarter change of +0.0%. A high and unchanging quick ratio reduces short-term liquidity risk to nearly zero, but the absence of any movement suggests the company is not shifting its cash management strategy. This consistency supports the neutral overall verdict, as the metric confirms a low-risk liquidity profile without providing a clear bullish or bearish signal.

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