Quick Ratio

The quick ratio measures a company's ability to pay short-term liabilities with its most liquid assets; Affirm's current value of 845.79x means it holds $845.79 in cash and equivalents for every $1 of near-term debt.

This is far above the sector median of 1.42x, placing Affirm in the 100th percentile among technology peers. The year-over-year change and quarter-over-quarter change are both reported as N/A, and the trend direction over the last eight quarters is also N/A, so no trend data is available for analysis. With an extremely high liquidity level but no trend to confirm stability or deterioration, the metric suggests exceptionally low short-term default risk but may also indicate inefficient use of cash that could otherwise be deployed for growth. This combination of extreme level with no trend data neither reinforces nor contradicts the NEUTRAL verdict; the metric alone points to very low liquidity risk, but the lack of trend and the stock's neutral rating imply other factors offset this strength.

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