Quick Ratio

The quick ratio measures a company's ability to cover its current liabilities with its most liquid assets, excluding inventory.

At 0.69x, Bill.com's quick ratio is below 1.0x, indicating it does not have enough cash and equivalents to fully pay off short-term obligations if they all came due immediately. This is far below the sector median of 1.61x, placing BILL in the 10th percentile among its technology peers — meaning 90% of peers have a higher, more comfortable liquidity cushion. No trend data is available: year-over-year change, quarter-over-quarter change, and the prior eight quarters are all listed as N/A, so no direction can be assessed. The combination of a very low level and no observable trend implies elevated short-term liquidity risk, as the company operates with a thinner safety margin than the vast majority of its sector. This metric contradicts the overall NEUTRAL verdict because the extremely weak quick ratio signals a specific vulnerability that would typically warrant a more cautious view.

Frequently Asked Questions

Closest Sector Peers