Quick Ratio

The quick ratio measures a company’s ability to pay short-term debts using its most liquid assets (cash, marketable securities, receivables).

CPB’s quick ratio of 0.32x means it has $0.32 of liquid assets for every $1 of current liabilities — a level well below 1.0, indicating potential difficulty covering near-term obligations. Among Consumer Defensive peers, CPB sits below the sector median of 0.40x and ranks at the 33rd percentile, showing it is less liquid than two-thirds of comparable firms. Historical trend data is not available: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and the metric has only one reported figure (0.32x) for the last eight quarters. Without a trend direction, it is unclear whether the low ratio is improving, deteriorating, or stable — this lack of trend information adds uncertainty. The combination of a low absolute quick ratio and no visible trend suggests a liquidity risk that warrants caution, but the absence of movement prevents a stronger conclusion. This metric supports the overall NEUTRAL verdict because the low liquidity level is a negative, yet the lack of trend data keeps the assessment from leaning bullish or bearish.

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