Quick Ratio

The Quick Ratio of 0.90x means CMI has $0.90 in liquid assets (cash, marketable securities, and receivables) for every $1 of current liabilities due within one year – a measure of short-term liquidity.

This sits above the sector median of 0.71x, placing CMI in the 63rd percentile among its sector peers, indicating it holds more liquid assets relative to liabilities than most competitors. Both the year-over-year change and quarter-over-quarter change are listed as N/A, so no trend direction can be observed from the single available data point. The combination of a ratio above the sector median but below 1.0x (meaning short-term obligations are not fully covered by liquid assets) presents a moderate liquidity risk, though the lack of trend data removes any indication of improvement or deterioration. This metric is neutral relative to the overall NEUTRAL verdict – it neither strongly supports nor contradicts it, as a 0.90x Quick Ratio is not alarming but also not a clear strength.

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