CNCCAUTIOUS

CNC Quick Ratio Analysis

1.04x

Updated 417h ago·SEC filings & market data

Key Takeaway

The quick ratio measures short-term liquidity by dividing current assets minus inventory by current liabilities, so 1.04x means the company can cover its immediate obligations with 1.04 times the needed amount.

Sector Performance

70th percentile

CNC

1.04x

Sector Median

0.72x

Sector Avg

2.70x

Prior Period

1.02x(Jul 2026)

↑ Improving

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Deep Analysis

This sits above the sector median of 0.72x, placing CNC in the 70th percentile among peers, indicating better liquidity than most comparable companies. The year-over-year change is not available, but the quarter-over-quarter change shows a +2.0% increase from 1.02x to 1.04x, revealing slight recent improvement. A level above the sector median plus a small upward move suggests reduced near-term default risk, yet the absolute value near 1.0x leaves little cushion. This mix supports the overall cautious verdict, as adequate liquidity alone does not overcome other risks, though it does not contradict the cautious stance either.

Frequently Asked Questions

What does the Quick Ratio tell investors about CNC?

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 CNC's closest peers by Quick Ratio?

The closest peers by Quick Ratio include: OMC (0.67x), KO (0.66x), SIEGY (0.64x), TAP (0.60x), LW (0.60x).

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Learn More About Quick Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.