Quick Ratio
Higher than 84% of Technology sector peers
Updated 17h ago
Sector Performance
84th percentileANSS
3.56x
Sector Median
1.42x
Sector Avg
14.93x
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 1.42x, placing it in the 84th percentile.
Who are ANSS's closest peers by Quick Ratio?
The closest Technology peers by Quick Ratio include: WIX (1.10x), ASAN (1.09x), PTC (1.06x), MSFT (1.01x), BOX (1.00x).
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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3.56x
Sector Median
1.42x
Sector Avg
14.93x
How ANSS's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.