Quick Ratio
Higher than 87% of Financial Services sector peers
Updated 102h ago
Sector Performance
87th percentileBLK
7.18x
Sector Median
0.45x
Sector Avg
3.69x
Deep Analysis
The quick ratio measures a company’s ability to pay short-term debts using only its most liquid assets, such as cash, marketable securities, and receivables.
At 7.18x, BLK holds $7.18 in quick assets for every $1 of short-term liabilities, indicating an exceptionally strong liquidity position. This ratio far exceeds the Financial Services sector median of 0.45x, placing BLK in the 87th percentile among peers. The year-over-year change is not available, but the quarter-over-quarter change shows a 5.6% increase from 6.80x to 7.18x, signaling improving near-term solvency. The combination of an extremely high level and a rising trend suggests minimal short-term default risk, though it could also point to an inefficient use of cash if not deployed for growth. This metric supports the overall NEUTRAL verdict by confirming strong liquidity, but does not alone justify an upgrade to bullish or bearish.
Frequently Asked Questions
What does the Quick Ratio tell investors about BLK?
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 BLK's Quick Ratio compare to its sector?
BLK's Quick Ratio of 7.18x compares to a Financial Services sector median of 0.45x, placing it in the 87th percentile.
Who are BLK's closest peers by Quick Ratio?
The closest Financial Services peers by Quick Ratio include: PFG (0.44x), RJF (0.37x), PNC (0.35x), COF (0.35x), AXP (0.34x).
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.
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7.18x
Sector Median
0.45x
Sector Avg
3.69x
How BLK's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.