CNPNEUTRAL

CNP Quick Ratio Analysis

0.17x

Updated 681h ago·SEC filings & market data

Key Takeaway

Quick ratio measures whether a company can cover its immediate short-term obligations using only its most liquid assets; at 0.17x, CNP holds just $0.17 of liquid assets for every $1 of current liabilities.

Sector Performance

5th percentile

CNP

0.17x

Sector Median

0.72x

Sector Avg

2.70x

Prior Period

0.28x(Jul 2026)

↓ Declining

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Deep Analysis

This sits far below the sector median of 0.71x, placing the company at the 5th percentile among peers. Year-over-year change is not available, but quarter-over-quarter the ratio dropped 39.3%, falling from 0.28x to 0.17x. The combination of a very low level and a sharp quarterly decline points to rising short-term liquidity risk. This directly contradicts the overall NEUTRAL verdict, as the weakening quick ratio suggests a more cautious stance is warranted.

Frequently Asked Questions

What does the Quick Ratio tell investors about CNP?

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 CNP'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

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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.