CNP Quick Ratio Analysis
Updated 1803h 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 percentileCNP
0.17x
Sector Median
0.71x
Sector Avg
2.67x
Prior Period
0.28x(Jul 2026)
Deep Analysis
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.
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.
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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0.17x
Sector Median
0.71x
Sector Avg
2.67x
How CNP's Quick Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.