CDENEUTRAL

CDE Quick Ratio Analysis

2.19x

Updated 57h ago·SEC filings & market data

Key Takeaway

The quick ratio measures a company's ability to pay short-term liabilities with its most liquid assets — a ratio above 1.0x generally indicates sufficient liquidity.

Sector Performance

91th percentile

CDE

2.19x

Sector Median

0.72x

Sector Avg

2.70x

Prior Period

1.89x(Jul 2026)

↑ Improving

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Deep Analysis

The quick ratio measures a company's ability to pay short-term liabilities with its most liquid assets — a ratio above 1.0x generally indicates sufficient liquidity.

CDE’s current quick ratio of 1.89x sits just below the Basic Materials sector median of 1.91x, placing it at the 43rd percentile among its peers. The year-over-year change is not available, but the quarter-over-quarter change shows a decline of -6.9%, moving from 2.03x to 1.89x. The level is near the sector average, suggesting adequate liquidity, while the recent downward trend introduces a slight caution about short-term financial flexibility. This combination of an average level with a declining trend neither strongly supports nor contradicts the overall NEUTRAL verdict — it reinforces that the stock carries neither a clear liquidity advantage nor a critical weakness.

Frequently Asked Questions

What does the Quick Ratio tell investors about CDE?

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 CDE's closest peers by Quick Ratio?

The closest peers by Quick Ratio include: OMC (0.67x), KO (0.66x), SIEGY (0.64x), TAP (0.60x), LW (0.60x).

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Learn More About Quick Ratio

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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.