CHRD Quick Ratio Analysis

The quick ratio measures liquid assets—cash, marketable securities, and receivables—against current liabilities, and at 0.96x, the company has $0.96 in liquid assets for every $1 of near-term obligations.

This sits above the sector median of 0.72x, placing CHRD in the 66th percentile among peers, showing better short-term liquidity than two-thirds of its sector. The year-over-year change is not available, but quarter-over-quarter the ratio rose 18.5%, from 0.81x to 0.96x, indicating a clear improvement in the most recent quarter. The combination of a sub-1.0x level with positive momentum suggests liquidity is still slightly strained but tightening less, offering a modest opportunity if the trend continues. This metric supports the overall CAUTIOUS verdict because the ratio remains below 1.0x, meaning liquid assets still do not fully cover immediate liabilities, even as the recent gain reduces that risk.

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