Quick Ratio
Higher than 15% of Consumer Cyclical sector peers
Updated 48h ago
Sector Performance
15th percentileBBY
0.36x
Sector Median
0.80x
Sector Avg
1.98x
Deep Analysis
Best Buy's quick ratio of 0.36x means the company has only $0.36 in liquid assets (cash, equivalents, and receivables) for every $1 of short-term liabilities, indicating a thin liquidity buffer.
This is well below the Consumer Cyclical sector median of 0.78x, placing Best Buy in the 15th percentile among peers. The metric has been perfectly stable over the last eight quarters, with a year-over-year change of +0.0% and a quarter-over-quarter change of +0.0%. A low, flat quick ratio suggests no near-term improvement in liquidity risk, but also no deterioration, which limits both upside opportunity and downside shock. This combination supports the overall NEUTRAL verdict, as the stable but weak liquidity position neither creates a clear red flag nor a competitive advantage.
Frequently Asked Questions
What does the Quick Ratio tell investors about BBY?
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 BBY's Quick Ratio compare to its sector?
BBY's Quick Ratio of 0.36x compares to a Consumer Cyclical sector median of 0.80x, placing it in the 15th percentile.
Who are BBY's closest peers by Quick Ratio?
The closest Consumer Cyclical peers by Quick Ratio include: CZR (0.62x), CHPT (0.59x), W (0.59x), AEO (0.57x), MELI (0.55x).
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 BBY's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full BBY research report →BBY
0.36x
Sector Median
0.80x
Sector Avg
1.98x
How BBY's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.