AMGN Quick Ratio Analysis
Higher than 36% of Healthcare sector peers
Updated 2981h ago·SEC filings & market data
Key Takeaway
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.
Sector Performance
36th percentileAMGN
0.85x
Sector Median
1.15x
Sector Avg
1.57x
Prior Period
0.73x(Apr 2026)
Deep Analysis
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.
Frequently Asked Questions
What does the Quick Ratio tell investors about AMGN?
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 AMGN's Quick Ratio compare to its sector?
AMGN's Quick Ratio of 0.85x compares to a Healthcare sector median of 1.15x, placing it in the 36th percentile.
Who are AMGN's closest peers by Quick Ratio?
The closest Healthcare peers by Quick Ratio include: ALGN (1.15x), BAX (1.12x), RVTY (1.25x), DGX (1.28x), BIO (1.00x).
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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0.85x
Sector Median
1.15x
Sector Avg
1.57x
How AMGN's Quick Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.