CMC Quick Ratio Analysis
Updated 156h ago·SEC filings & market data
Key Takeaway
The current quick ratio of 1.31x means CMC has $1.31 in liquid assets—cash, marketable securities, and receivables—for every $1 of short-term liabilities, indicating a comfortable ability to meet immediate obligations.
Sector Performance
81th percentileCMC
1.31x
Sector Median
0.71x
Sector Avg
2.99x
Prior Period
1.30x(Jun 2026)
Deep Analysis
The current quick ratio of 1.31x means CMC has $1.31 in liquid assets—cash, marketable securities, and receivables—for every $1 of short-term liabilities, indicating a comfortable ability to meet immediate obligations.
This ratio sits well above the sector median of 0.71x, placing CMC in the 81st percentile among peers, suggesting stronger short-term liquidity than most. The year-over-year change is not available, but the quarter-over-quarter change is a slight increase of +0.8%, and no trend data exists for the last eight quarters. Combined, the high level relative to peers and small upward movement imply low near-term liquidity risk, but without a longer trend, the stability of this position is uncertain. This metric supports the overall NEUTRAL verdict—adequate liquidity is a positive, but it does not alone signal a compelling investment opportunity or concern.
Frequently Asked Questions
What does the Quick Ratio tell investors about CMC?
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 CMC's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: TFC (0.16x), DRI (0.13x), AWK (0.13x), NIO (0.13x), SRE (0.11x).
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.
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1.31x
Sector Median
0.71x
Sector Avg
2.99x
How CMC's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.