Quick Ratio

The quick ratio measures a company’s ability to pay short-term obligations with its most liquid assets (cash, receivables, and marketable securities, excluding inventory).

CFG’s current quick ratio of 228.33x means it holds $228.33 of liquid assets for every $1 of current liabilities — an extraordinarily high level. This far exceeds the sector median of 0.79x and places CFG in the 100th percentile among peers. However, there is no trend data available: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and no historical values beyond the current reading exist. Without a trend, the combination of an extreme level with no direction implies minimal short-term liquidity risk, but such a high ratio may also signal inefficient use of cash or unusually low current liabilities. This metric alone does not directly contradict the overall NEUTRAL verdict — a single extreme ratio can be neutral if other factors are ambiguous, but it does not provide a clear bullish or bearish signal by itself.

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