AMPNEUTRAL

Quick Ratio

0.70x

Higher than 76% of Financial Services sector peers

Updated 21h ago

Sector Performance

76th percentile

AMP

0.70x

Sector Median

0.41x

Sector Avg

2.15x

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Deep Analysis

The quick ratio of 0.70x means Ameriprise has $0.70 in highly liquid assets (cash and equivalents) for every $1.00 of short-term liabilities, indicating a moderate ability to cover near-term obligations.

This ratio sits well above the Financial Services sector median of 0.37x and places the company in the 80th percentile among peers, suggesting stronger short-term liquidity than most competitors. The metric has been perfectly stable over the past eight quarters, with year-over-year and quarter-over-quarter changes both at +0.0%, reflecting no movement in this specific liquidity measure. The combination of a relatively high quick ratio and a flat trend implies limited immediate liquidity risk but also no improvement or deterioration, offering a neutral risk profile on this front. This metric supports the overall NEUTRAL verdict, as the stable, above-median liquidity neither creates a clear investment opportunity nor signals a hidden danger.

Frequently Asked Questions

What does the Quick Ratio tell investors about AMP?

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 AMP's Quick Ratio compare to its sector?

AMP's Quick Ratio of 0.70x compares to a Financial Services sector median of 0.41x, placing it in the 76th percentile.

Who are AMP's closest peers by Quick Ratio?

The closest Financial Services peers by Quick Ratio include: PFG (0.44x), RJF (0.37x), COF (0.35x), PNC (0.35x), AXP (0.34x).

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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AMP

0.70x

Sector Median

0.41x

Sector Avg

2.15x

How AMP's Quick Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.