Quick Ratio
Higher than 29% of Consumer Cyclical sector peers
Updated 23h ago
Sector Performance
29th percentileCHPT
0.59x
Sector Median
0.80x
Sector Avg
1.98x
Deep Analysis
With a quick ratio of 0.59x, ChargePoint holds only $0.59 of cash and near-cash assets for every $1 of short-term obligations, indicating tight liquidity.
This falls below the Consumer Cyclical sector median of 0.78x, placing the company in the 30th percentile among peers. No year-over-year or quarter-over-quarter change data is available, and no trend can be assessed over the last eight quarters. The combination of a low absolute level with no observable trend points to ongoing liquidity risk without recent improvement or deterioration to guide expectations. This metric directly supports the overall CAUTIOUS verdict, as a quick ratio well below the sector median signals potential difficulty meeting near-term liabilities.
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.
How does CHPT's Quick Ratio compare to its sector?
CHPT's Quick Ratio of 0.59x compares to a Consumer Cyclical sector median of 0.80x, placing it in the 29th percentile.
Who are CHPT's closest peers by Quick Ratio?
The closest Consumer Cyclical peers by Quick Ratio include: CZR (0.62x), W (0.59x), AEO (0.57x), MELI (0.55x), JACK (0.54x).
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
0.59x
Sector Median
0.80x
Sector Avg
1.98x
How CHPT's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.