Quick Ratio

Aptiv’s current Quick Ratio of 1.38x means the company holds $1.38 in cash, cash equivalents, and receivables for every $1 of short-term liabilities—a basic measure of its ability to cover immediate obligations without selling inventory.

This ratio sits well above the sector median of 0.79x, placing Aptiv in the 74th percentile among Consumer Cyclical peers, indicating stronger short-term liquidity than most competitors. The metric has been perfectly stable over the past eight quarters, with no change year over year (+0.0%) or quarter over quarter (+0.0%), showing no deterioration or improvement in liquidity management. A high, stable quick ratio combined with no trend implies low immediate default risk but also no recent gain in financial flexibility, which can be a neutral signal for risk-return assessment. This metric supports the overall NEUTRAL verdict: while liquidity is clearly adequate and above peer norms, the lack of any positive or negative movement offers no reason to adjust the outlook upward or downward.

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