Quick Ratio
Updated 316h ago
Sector Performance
4th percentileAWK
0.13x
Sector Median
0.72x
Sector Avg
3.05x
Deep Analysis
AWK's quick ratio of 0.13x means the company has only 13 cents of highly liquid assets (like cash and receivables) for every dollar of short-term obligations due within a year, indicating potential difficulty covering immediate liabilities.
This is far below the sector median of 0.73x, placing AWK in the 4th percentile among its peers—meaning 96% of sector companies have a higher quick ratio. While the eight-quarter trend direction is increasing, the quarter-over-quarter change shows a sharp decline of -50.0% from 0.26x to 0.13x; no year-over-year comparison is available. The combination of an already very low ratio and a recent steep drop points to elevated liquidity risk, which may increase borrowing costs or strain operations. This metric contradicts the overall NEUTRAL verdict, as such a weak liquidity position typically signals a higher-risk profile that would warrant a more cautious stance.
Frequently Asked Questions
What does the Quick Ratio tell investors about AWK?
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.
Who are AWK's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), TFC (0.16x), DRI (0.13x), NIO (0.13x), SRE (0.11x).
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.
Master AWK's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full AWK research report →AWK
0.13x
Sector Median
0.72x
Sector Avg
3.05x
How AWK's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.