CL Quick Ratio Analysis

A quick ratio of 0.54x means the company has only $0.54 in liquid assets—cash, marketable securities, and receivables—available to cover each $1.00 of current liabilities due within a year, signaling potential difficulty meeting short-term obligations.

This sits below the sector median of 0.72x, placing the company at the 35th percentile among peers, so it is less liquid than most comparable firms. The trend is N/A: year-over-year change is N/A and quarter-over-quarter change is N/A, with only the current value available, so there is no directional evidence to assess. The combination of a notably low ratio and no trend history suggests elevated short-term liquidity risk, but without prior data you cannot tell whether this is improving or deteriorating. That uncertainty, alongside the weak absolute level, supports the overall CAUTIOUS verdict directly, as the metric flags a genuine balance-sheet constraint.

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