Quick Ratio

The quick ratio measures a company’s ability to cover its short-term obligations using its most liquid assets (cash, marketable securities, and receivables) — a ratio above 1.0x generally indicates sufficient liquidity.

At 3.88x, the current quick ratio is well above the sector median of 0.72x, placing the company in the 97th percentile among peers, meaning it holds far more liquid assets relative to liabilities than most similar firms. Trend data is limited: the year-over-year change is not available (N/A), but the quarter-over-quarter decline of -77.4% — from 17.14x to 3.88x — shows a sharp reduction in liquidity over the period. The combination of a still-high absolute level (3.88x) with a steep downward trend suggests the company maintains above‑average liquidity, but the rapid decrease may indicate that recent cash usage or liability growth has meaningfully reduced its safety margin. This metric supports the overall NEUTRAL verdict: the high ratio provides a cushion that reduces immediate risk, while the pronounced quarterly drop introduces uncertainty that warrants a cautious stance.

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