Quick Ratio

The quick ratio of 0.70x means that Ameriprise Financial has $0.70 of highly liquid assets (like cash and receivables) for every $1.00 of short-term liabilities due within a year, indicating a modest liquidity buffer.

This is above the sector median of 0.59x, placing the company in the 59th percentile among its Financial Services peers, so its liquidity position is better than most. The data show no year-over-year, quarter-over-quarter, or eight-quarter trend information because only a single value of 0.70x is available, making any directional assessment impossible. Without a trend, the combination of an above-median level and no history suggests the liquidity risk is currently manageable but cannot be evaluated for improvement or deterioration. This metric supports the overall NEUTRAL verdict: the quick ratio is not alarming but also not strong enough to warrant a bullish or bearish view on its own.

Frequently Asked Questions

Closest Sector Peers