Quick Ratio

The quick ratio measures a company’s ability to cover its short-term obligations using its most liquid assets, like cash and receivables, but excluding inventory.

BSX’s current quick ratio of 0.98x means it has nearly $0.98 in liquid assets for every $1 of short-term debt, indicating a modest buffer. This level sits well above the sector median of 0.73x, placing BSX in the 68th percentile among its peers, meaning it is more liquid than about two-thirds of comparable companies. Over the last eight quarters, the overall trend is increasing, but the quarter-over-quarter change is -2.0% (from 1.00x to 0.98x), and no year-over-year data is available. The combination of a relatively high quick ratio versus peers with a recent slight decline suggests a neutral risk profile: liquidity is above average but softening, which does not create a clear opportunity or warning. This metric supports the overall NEUTRAL verdict, as the favorable level and peer comparison are balanced by the small quarterly dip.

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