Quick Ratio
Higher than 63% of Energy sector peers
Updated 108h ago
Sector Performance
63th percentileBP
0.67x
Sector Median
0.52x
Sector Avg
0.57x
Deep Analysis
BP’s quick ratio of 0.67x means the company has $0.67 in cash, marketable securities, and accounts receivable for every $1 of current liabilities due within a year — a measure of short-term liquidity.
This sits above the Energy sector median of 0.52x, placing BP in the 63rd percentile among peers, indicating a stronger liquidity position than most competitors. The year-over-year change is not available, but the quarter-over-quarter change of -2.9% shows a slight decline from the prior quarter’s 0.69x. Because the quick ratio remains above the sector median while trending downward, the combination suggests a modest near-term liquidity cushion that is slowly eroding — neither a pressing risk nor a clear opportunity. This metric supports the overall NEUTRAL verdict: the above-median level is reassuring, but the negative quarterly drift keeps the view balanced rather than bullish or bearish.
Frequently Asked Questions
What does the Quick Ratio tell investors about BP?
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 BP's Quick Ratio compare to its sector?
BP's Quick Ratio of 0.67x compares to a Energy sector median of 0.52x, placing it in the 63th percentile.
Who are BP's closest peers by Quick Ratio?
The closest Energy peers by Quick Ratio include: SPWR (0.52x), ENB (0.52x), EPD (0.50x), CNQ (0.58x), NOVA (0.59x).
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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0.67x
Sector Median
0.52x
Sector Avg
0.57x
How BP's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.