ALGN Quick Ratio Analysis

The quick ratio of 1.15x means Align Technology has $1.15 in liquid assets (cash, marketable securities, accounts receivable) for every $1 of short-term liabilities due within a year, a measure of its ability to cover immediate debts without selling inventory.

This ratio sits below the healthcare sector median of 1.46x, placing Align in the 42th percentile among sector peers, indicating its liquidity is weaker than the majority of comparable companies. The year-over-year change, quarter-over-quarter change, and trend over the last eight quarters are all marked as N/A, so no directional movement can be assessed from the single data point. Without a trend, the current level alone suggests a moderate liquidity risk compared to peers, but there is no evidence of deterioration or improvement to amplify that risk. This combination of a below-median quick ratio with no trend data neither confirms nor contradicts the NEUTRAL verdict, as the metric points to a modest weakness that is not extreme enough to shift the overall balanced view.

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