Quick Ratio
Higher than 79% of Financial Services sector peers
Updated 335h ago
Sector Performance
79th percentileCOIN
1.36x
Sector Median
0.48x
Sector Avg
3.62x
Deep Analysis
Coinbase's quick ratio of 1.36x measures its ability to cover short-term liabilities with its most liquid assets—cash, equivalents, and receivables—excluding inventory.
This level is well above the Financial Services sector median of 0.59x, placing Coinbase in the 72nd percentile among peers. The year-over-year and quarter-over-quarter changes are both not available, and no trend data for the last eight quarters is provided, so the direction of the metric cannot be assessed. The combination of a strong current level relative to peers but an absence of trend information suggests neither clear improvement nor deterioration, implying a neutral risk profile. This metric supports the overall NEUTRAL verdict since the liquidity position is solid but offers no directional signal to tilt the rating toward bullish or bearish.
Frequently Asked Questions
What does the Quick Ratio tell investors about COIN?
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.
How does COIN's Quick Ratio compare to its sector?
COIN's Quick Ratio of 1.36x compares to a Financial Services sector median of 0.48x, placing it in the 79th percentile.
Who are COIN's closest peers by Quick Ratio?
The closest Financial Services peers by Quick Ratio include: NAVI (0.45x), PFG (0.44x), RJF (0.37x), COF (0.35x), PNC (0.35x).
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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1.36x
Sector Median
0.48x
Sector Avg
3.62x
How COIN's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.