Quick Ratio
Updated 198h ago
Sector Performance
12th percentileCMG
0.28x
Sector Median
0.72x
Sector Avg
3.05x
Deep Analysis
The quick ratio measures a company's ability to pay its short-term debts with cash and other assets that can be quickly converted to cash.
A current value of 0.28x means CMG has only $0.28 in liquid assets for every $1.00 of short-term liabilities, which is a low level. This sits well below the sector median of 0.72x and places CMG in the 12th percentile among its sector peers. The year-over-year change is not available, but the quarter-over-quarter decline of -64.1% shows the ratio dropped sharply from 0.78x last quarter to 0.28x now. The combination of a very low current level and a steep recent decline signals a heightened risk that CMG may struggle to meet near-term obligations. This metric contradicts the overall NEUTRAL verdict, as the liquidity weakness points to a potential downside risk that a neutral stance does not fully account for.
Frequently Asked Questions
What does the Quick Ratio tell investors about CMG?
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 CMG's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), AWK (0.13x), DRI (0.13x), NIO (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.
Master CMG's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full CMG research report →CMG
0.28x
Sector Median
0.72x
Sector Avg
3.05x
How CMG's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.