Quick Ratio
Higher than 76% of Financial Services sector peers
Updated 21h ago
Sector Performance
76th percentileAMP
0.70x
Sector Median
0.41x
Sector Avg
2.15x
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.
Master AMP's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full AMP research report →AMP
0.70x
Sector Median
0.41x
Sector Avg
2.15x
How AMP's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.