ANEUTRAL

A Quick Ratio Analysis

1.46x

Higher than 73% of Healthcare sector peers

Updated 2237h ago·SEC filings & market data

Key Takeaway

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.

Sector Performance

73th percentile

1.46x

Sector Median

1.15x

Sector Avg

1.57x

Prior Period

1.47x(Apr 2026)

→ Stable

📊

Deep Analysis

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.

Frequently Asked Questions

What does the Quick Ratio tell investors about A?

A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.

How is the Quick Ratio calculated?

Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.

How does A's Quick Ratio compare to its sector?

A's Quick Ratio of 1.46x compares to a Healthcare sector median of 1.15x, placing it in the 73th percentile.

Who are A's closest peers by Quick Ratio?

The closest Healthcare peers by Quick Ratio include: ALGN (1.15x), BAX (1.12x), RVTY (1.25x), DGX (1.28x), BIO (1.00x).

📚

Learn More About Quick Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

The Formula

(Cash + Receivables) / Current Liabilities

Why It Matters

A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.