ACLSCAUTIOUS

ACLS Quick Ratio Analysis

2.59x

Higher than 84% of Technology sector peers

Updated 2555h ago·SEC filings & market data

Key Takeaway

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

Sector Performance

84th percentile

ACLS

2.59x

Sector Median

1.25x

Sector Avg

17.80x

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Deep Analysis

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

What does the Quick Ratio tell investors about ACLS?

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 ACLS's Quick Ratio compare to its sector?

ACLS's Quick Ratio of 2.59x compares to a Technology sector median of 1.25x, placing it in the 84th percentile.

Who are ACLS's closest peers by Quick Ratio?

The closest Technology peers by Quick Ratio include: APH (1.17x), BR (1.08x), ASAN (1.04x), ORCL (1.00x), AAPL (0.91x).

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Learn More About Quick Ratio

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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.