Quick Ratio

Air Products and Chemicals’ quick ratio of 0.82x means the company has only $0.82 in liquid assets (cash, marketable securities, and receivables) for every $1.00 of short-term liabilities, indicating potential difficulty meeting near-term obligations.

This places it well below the Basic Materials sector median of 2.03x, and at the 7th percentile among peers, meaning 93% of sector companies have a stronger quick ratio. Trend data for this metric is not available: the year-over-year change and quarter-over-quarter change are both listed as N/A, and no historical values beyond the current period were provided. With a low absolute level and no trend to assess improvement or deterioration, the immediate risk is that the company’s liquidity position is weak relative to its industry, raising caution about its ability to cover short-term debts if cash inflows slow. This metric directly supports the overall CAUTIOUS verdict, as the ratio is far below the sector norm and offers no evidence of recent strengthening.

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