Quick Ratio

The quick ratio measures a company’s ability to pay its short-term obligations using its most liquid assets (cash, marketable securities, and receivables).

Axcelis’s current quick ratio of 2.59x means it has $2.59 in liquid assets for every $1 of current liabilities, indicating a strong liquidity position. This is well above the sector median of 1.42x, placing Axcelis in the 80th percentile among its Technology peers. However, trend data is not available — the year-over-year change, quarter-over-quarter change, and last 8 quarters are all marked as N/A, so no directional insight can be drawn. With a high absolute level but no trend to assess, the metric suggests low short-term liquidity risk but offers no signal about recent changes in financial management. This elevated quick ratio supports a neutral stance by confirming adequate liquidity, but it does not by itself justify shifting toward bullish or bearish given the lack of trend context.

Frequently Asked Questions

Closest Sector Peers