CHPT Quick Ratio Analysis
Updated 227h ago·SEC filings & market data
Key Takeaway
The quick ratio, or acid-test ratio, measures whether a company can cover immediate liabilities with its most liquid assets, excluding inventory; CHPT's 0.50x means it has $0.50 in cash and near-cash for every $1 of current debt.
Sector Performance
30th percentileCHPT
0.50x
Sector Median
0.71x
Sector Avg
2.67x
Prior Period
0.51x(Jun 2026)
Deep Analysis
The quick ratio, or acid-test ratio, measures whether a company can cover immediate liabilities with its most liquid assets, excluding inventory; CHPT's 0.50x means it has $0.50 in cash and near-cash for every $1 of current debt.
This sits below the sector median of 0.72x, placing the company at the 31st percentile among peers. Trend data is unavailable: year-over-year change is N/A and quarter-over-quarter change is N/A, so no directional signal can be drawn from history. The combination of a low ratio and no observable trend suggests liquidity risk remains a concern, but also leaves room for improvement if operations stabilize. Because the quick ratio is weak relative to peers and no recent improvement is recorded, this metric supports the overall CAUTIOUS verdict on the stock. Investors should watch whether future quarters show this ratio rising toward the sector median.
Frequently Asked Questions
What does the Quick Ratio tell investors about CHPT?
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.
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.
Master CHPT's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full CHPT research report →CHPT
0.50x
Sector Median
0.71x
Sector Avg
2.67x
How CHPT's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.