Quick Ratio

The quick ratio measures a company's ability to pay short-term debts using its most liquid assets (cash, marketable securities, receivables).

Bio-Rad's current quick ratio of 1.02x means it has $1.02 in liquid assets for every $1 of current liabilities — barely above the 1.0x breakeven. Compared to sector peers, this is below the Healthcare sector median of 1.20x, placing Bio-Rad in the 46th percentile. The metric has been decreasing over the last eight quarters, with no year-over-year change available and a sharp quarter-over-quarter decline of -53.4%. While a ratio near 1.0x suggests adequate short-term liquidity, the rapid 53.4% drop in one quarter signals increased reliance on less liquid assets or rising short-term obligations. This combination of a below-median level with a deteriorating trend introduces additional risk, as any further decline could strain liquidity. The metric supports the overall NEUTRAL verdict — it is not alarming enough to downgrade, but the negative direction warrants caution for bullish positions.

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