Quick Ratio

The Quick Ratio of 13.16x means the company holds $13.16 in highly liquid assets—cash, marketable securities, and receivables—for every $1 of current liabilities, indicating an extremely strong ability to cover short-term obligations.

This ratio sits far above the sector median of 0.79x, placing it in the 98th percentile among peers, meaning only 2% of competitors have a higher Quick Ratio. Trend data for this metric is not available: both the year-over-year change and quarter-over-quarter change are marked as N/A, so no trajectory can be inferred from historical movement alone. The combination of an exceptionally high level with no trend information suggests that while the company’s liquidity buffer is currently extreme, there is no basis to assess whether it is improving or deteriorating. From an investment perspective, such a high ratio reduces short-term default risk but may also indicate inefficient use of cash that could otherwise be deployed for growth. This elevated Quick Ratio does not contradict the overall NEUTRAL verdict—it signals strong financial stability, but the lack of trend and other factors likely keep the stock in a balanced assessment.

Frequently Asked Questions

Closest Sector Peers