Quick Ratio

The quick ratio of 1.09x means Asana has $1.09 in highly liquid assets (like cash and receivables) for every $1 of current liabilities due within a year, indicating it can just cover short-term obligations.

This sits below the technology sector median of 1.42x and places Asana in the 28th percentile among its peers, reflecting a lower liquidity cushion than most competitors. No trend data is available — the year-over-year change is N/A, the quarter-over-quarter change is N/A, and no historical values beyond the current reading are provided. Without a trend, the analysis relies solely on the static level: a ratio near 1.0x leaves little safety buffer against unexpected cash demands, but it is not critically low. For a NEUTRAL-rated stock, this metric neither signals a clear opportunity nor a major risk, but the below-median liquidity is a modest caution. Overall, the quick ratio supports the NEUTRAL verdict by being adequate without standing out positively or negatively.

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