Quick Ratio

Amgen’s current quick ratio of 0.85x means the company has $0.85 in cash and near-cash assets for every $1 of short-term liabilities—a measure of its ability to cover immediate obligations without selling inventory.

This is below the healthcare sector median of 1.46x, placing Amgen in the 23rd percentile among its peers, indicating lower short-term liquidity than most competitors. No trend data is available: the year-over-year and quarter-over-quarter changes are both listed as N/A, so the direction of this metric over recent periods cannot be assessed. The combination of a below-median quick ratio with no observable trend suggests a potential liquidity risk, but without movement data it is unclear whether this is an ongoing weakness or a temporary position. This metric supports the overall NEUTRAL verdict by highlighting a downside in liquidity that is not severe enough to change the balanced assessment of the stock.

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