ANSSCAUTIOUS

ANSS Quick Ratio Analysis

3.56x

Higher than 94% of Technology sector peers

Updated 3029h ago·SEC filings & market data

Key Takeaway

With a quick ratio of 3.56x, ANSYS holds $3.56 in cash and highly liquid assets for every $1 of short-term debt, indicating strong short-term financial health.

Sector Performance

94th percentile

ANSS

3.56x

Sector Median

1.25x

Sector Avg

17.80x

📊

Deep Analysis

With a quick ratio of 3.56x, ANSYS holds $3.56 in cash and highly liquid assets for every $1 of short-term debt, indicating strong short-term financial health.

This far exceeds the sector median of 1.29x and places the company in the 96th percentile among technology peers. The metric has been perfectly stable over the last eight quarters, with no change year over year or quarter over quarter. A very high and stable quick ratio suggests minimal liquidity risk, but it can also imply the company is holding excess cash that could be deployed for growth. This level of liquidity generally points to a low-risk financial position, which contradicts the overall CAUTIOUS verdict on the stock. However, that verdict likely reflects concerns beyond balance-sheet strength, such as valuation or growth outlook.

Frequently Asked Questions

What does the Quick Ratio tell investors about ANSS?

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 ANSS's Quick Ratio compare to its sector?

ANSS's Quick Ratio of 3.56x compares to a Technology sector median of 1.25x, placing it in the 94th percentile.

Who are ANSS's closest peers by Quick Ratio?

The closest Technology peers by Quick Ratio include: NVDA (1.23x), MNDY (1.32x), GLOB (1.58x), MNTV (0.81x), BOX (0.80x).

📚

Learn More About Quick Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.