COPNEUTRAL

COP Quick Ratio Analysis

1.09x

Updated 1011h ago·SEC filings & market data

Key Takeaway

A quick ratio of 1.09x means COP holds $1.09 in cash and near-cash assets for every $1 of short-term debt, a standard gauge of payment ability.

Sector Performance

73th percentile

COP

1.09x

Sector Median

0.71x

Sector Avg

2.67x

Prior Period

1.03x(Aug 2026)

↑ Improving

📊

Deep Analysis

A quick ratio of 1.09x means COP holds $1.09 in cash and near-cash assets for every $1 of short-term debt, a standard gauge of payment ability.

That level sits above the sector median of 0.72x, placing the company at the 72nd percentile of peers. The ratio climbed 5.8% quarter-over-quarter from 1.03x, though the year-over-year comparison and eight-quarter trend are not available. The combination of an above-median level and a rising quarterly trend points to improving short-term liquidity, which lessens near-term distress risk but does not signal a large safety cushion. This liquidity strength supports the NEUTRAL verdict, as it neither elevates the stock into a buy case nor introduces a red flag against holding it.

Frequently Asked Questions

What does the Quick Ratio tell investors about COP?

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

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.