BOOTNEUTRAL

BOOT Quick Ratio Analysis

0.39x

Updated 35h ago·SEC filings & market data

Key Takeaway

Quick ratio measures how much cash and cash-like assets a company has to cover each dollar of bills due within a year; BOOT's 0.39x means it holds only $0.39 in liquid assets per $1 of short-term liabilities.

Sector Performance

21th percentile

BOOT

0.39x

Sector Median

0.72x

Sector Avg

2.71x

Prior Period

0.40x(Jul 2026)

↓ Declining

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Deep Analysis

That is well below the sector median of 0.72x, putting BOOT in the 21st percentile among peers. The year-over-year change is not available, but the quarter-over-quarter change is -2.5%, with the ratio moving from 0.40x to 0.39x. A low and slightly declining quick ratio implies the company may struggle to pay near-term obligations using cash alone, a potential liquidity risk. This metric supports the overall NEUTRAL verdict: the weak level is a concern, yet

Frequently Asked Questions

What does the Quick Ratio tell investors about BOOT?

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.

Who are BOOT's closest peers by Quick Ratio?

The closest peers by Quick Ratio include: MELI (0.11x), LOW (0.10x), DRI (0.09x), NCLH (0.08x), PAYC (0.08x).

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Learn More About Quick Ratio

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Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.