Quick Ratio
Updated 80h ago
Sector Performance
37th percentileCLX
0.59x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
A quick ratio of 0.59x means CLX has only $0.59 in highly liquid assets (cash, marketable securities, receivables) for every $1 of current liabilities due within a year, indicating a tight liquidity position.
This sits below the sector median of 0.71x and places CLX in the 37th percentile among its peers, meaning most competitors maintain a stronger short-term cushion. No trend data is available because year-over-year change, quarter-over-quarter change, and the last eight quarters are all marked N/A, so the single historical value of 0.59x cannot be evaluated for direction. With a below-median level and no trend to assess improvement or deterioration, the metric suggests a near-term liquidity risk that warrants caution. This directly supports the overall CAUTIOUS verdict, as a low quick ratio increases vulnerability to cash shortfalls.
Frequently Asked Questions
What does the Quick Ratio tell investors about CLX?
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 CLX's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), NIO (0.13x), DRI (0.13x), AWK (0.13x), SRE (0.11x).
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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0.59x
Sector Median
0.71x
Sector Avg
3.05x
How CLX's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.