CFG Quick Ratio Analysis
Updated 3033h ago·SEC filings & market data
Key Takeaway
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).
Sector Performance
100th percentileCFG
228.33x
Sector Median
0.72x
Sector Avg
2.70x
Deep Analysis
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.
Frequently Asked Questions
What does the Quick Ratio tell investors about CFG?
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 CFG'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).
Learn More About Quick Ratio
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.
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228.33x
Sector Median
0.72x
Sector Avg
2.70x
How CFG's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.