ALK Quick Ratio Analysis
Higher than 18% of Industrials sector peers
Updated 1658h ago·SEC filings & market data
Key Takeaway
The current quick ratio of 0.34x means Alaska Air Group has only $0.34 of highly liquid assets—such as cash, accounts receivable, and marketable securities—for every $1 of current liabilities, indicating low short-term liquidity.
Sector Performance
18th percentileALK
0.34x
Sector Median
0.68x
Sector Avg
1.72x
Deep Analysis
The current quick ratio of 0.34x means Alaska Air Group has only $0.34 of highly liquid assets—such as cash, accounts receivable, and marketable securities—for every $1 of current liabilities, indicating low short-term liquidity.
This is well below the Industrials sector median of 0.74x and places the company in the 13th percentile among its peers,
Frequently Asked Questions
What does the Quick Ratio tell investors about ALK?
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 ALK's Quick Ratio compare to its sector?
ALK's Quick Ratio of 0.34x compares to a Industrials sector median of 0.68x, placing it in the 18th percentile.
Who are ALK's closest peers by Quick Ratio?
The closest Industrials peers by Quick Ratio include: AVY (0.68x), ROK (0.62x), GXO (0.75x), PLUG (0.61x), AME (0.59x).
Learn More About Quick Ratio
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.
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0.34x
Sector Median
0.68x
Sector Avg
1.72x
How ALK's Quick Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.