Quick Ratio

The quick ratio measures a company's ability to pay short-term liabilities with its most liquid assets, and AbbVie's current 0.52x means it has only $0.52 in liquid assets for every $1 of near-term debt.

This is well below the healthcare sector median of 1.02x, placing AbbVie in the 12th percentile of its peers, indicating lower liquidity relative to competitors. Over the past year, the quick ratio has increased by 26.8% from 0.41x to 0.52x, though it has remained flat quarter-over-quarter at 0.0% change. The combination of a still-low absolute level with a rising trend suggests partial improvement in liquidity but lingering vulnerability to short-term cash pressures. This mixed picture — low ratio with upward momentum — aligns with a NEUTRAL verdict, as the metric neither strongly supports nor undermines a buy or sell decision.

Frequently Asked Questions

Closest Sector Peers