Quick Ratio
Higher than 38% of Healthcare sector peers
Updated 196h ago
Sector Performance
38th percentileBMY
0.91x
Sector Median
1.08x
Sector Avg
2.19x
Deep Analysis
The quick ratio measures a company’s ability to pay short-term bills using its most liquid assets (cash, marketable securities, receivables) — a ratio of 1.0x is considered a healthy baseline.
At 0.91x, BMY has $0.91 in liquid assets for every $1 of current liabilities, meaning it could face difficulty covering near-term obligations if cash inflows slow. This sits below the healthcare sector median of 1.08x and places BMY in the 38th percentile among peers, indicating below-average liquidity. Year-over-year change is not available, but quarter-over-quarter the ratio dropped 12.5% from 1.04x to the current 0.91x. A ratio that is both below the sector median and declining suggests rising liquidity pressure, which increases investment risk. This metric supports the overall CAUTIOUS verdict, as weak and worsening liquidity adds to concerns about the company’s financial flexibility.
Frequently Asked Questions
What does the Quick Ratio tell investors about BMY?
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 BMY's Quick Ratio compare to its sector?
BMY's Quick Ratio of 0.91x compares to a Healthcare sector median of 1.08x, placing it in the 38th percentile.
Who are BMY's closest peers by Quick Ratio?
The closest Healthcare peers by Quick Ratio include: BAX (1.01x), RVTY (1.25x), TMO (0.85x), AMGN (0.85x), ABT (0.84x).
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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0.91x
Sector Median
1.08x
Sector Avg
2.19x
How BMY's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.