Quick Ratio
Higher than 95% of Financial Services sector peers
Updated 22h ago
Sector Performance
95th percentileBLK
6.80x
Sector Median
0.41x
Sector Avg
2.15x
Deep Analysis
BlackRock's quick ratio of 6.80x means the company has $6.80 in highly liquid assets (cash, marketable securities, and receivables) for every $1.00 of current liabilities — a measure of short-term solvency.
This ratio sits well above the Financial Services sector median of 0.37x and places BlackRock in the 95th percentile among peers, indicating exceptional liquidity relative to the industry. Despite the recent two quarters showing no change (year-over-year and quarter-over-quarter both +0.0%), the eight-quarter trend is decreasing, having fallen from 11.16x in the earlier periods to the current 6.80x. The combination of a very high quick ratio with a declining trend suggests that while BlackRock still has a strong cash buffer, its liquidity cushion has been narrowing over time, which could signal reduced financial flexibility if the trend persists. This dynamic supports the overall NEUTRAL verdict: the extreme liquidity level reduces immediate distress risk, but the downward trajectory introduces a cautionary element that prevents an outright bullish or bearish call.
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 6.80x compares to a Financial Services sector median of 0.41x, placing it in the 95th 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), COF (0.35x), PNC (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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6.80x
Sector Median
0.41x
Sector Avg
2.15x
How BLK's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.