CARG Quick Ratio Analysis

With a Quick Ratio of 1.19x, CARG holds $1.19 in highly liquid assets — cash, marketable securities, and receivables — for every $1.00 of current liabilities, indicating it can cover short-term obligations without selling inventory.

This is above the sector median of 0.72x, placing the company in the 77th percentile among its peers, meaning it has stronger short-term liquidity than most. The year-over-year and quarter-over-quarter changes are both listed as N/A, so there is no available trend data to assess recent movement. Because the ratio is well above the sector median but lacks any trend information, investors cannot gauge whether liquidity is improving or deteriorating, creating uncertainty. This strong current level supports a defensive risk profile, but the absence of trend data tempers the opportunity for confident forward assessment. Overall, the metric aligns with the NEUTRAL verdict — the solid liquidity level is a positive, but the lack of historical change prevents it from being a clear buy or sell signal.

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