CTLTNEUTRAL

CTLT Quick Ratio Analysis

1.80x

Updated 3033h ago·SEC filings & market data

Key Takeaway

The current Quick Ratio of 1.80x means the company has $1.80 in highly liquid assets (cash, marketable securities, and receivables) for every $1.00 of current liabilities due within one year.

Sector Performance

88th percentile

CTLT

1.80x

Sector Median

0.72x

Sector Avg

2.70x

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Deep Analysis

The current Quick Ratio of 1.80x means the company has $1.80 in highly liquid assets (cash, marketable securities, and receivables) for every $1.00 of current liabilities due within one year.

This indicates a strong ability to cover short-term obligations without relying on inventory sales. Among sector peers, the median Quick Ratio is 0.79x, and CTLT ranks in the 86th percentile, meaning only 14% of peers have a higher ratio. The year-over-year change and quarter-over-quarter change are both N/A, so there is no trend data available to assess direction over the last eight quarters. The high level relative to peers suggests low short-term liquidity risk, but the absence of historical trend makes it impossible to evaluate whether this position is improving or deteriorating. This combination of a strong

Frequently Asked Questions

What does the Quick Ratio tell investors about CTLT?

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 CTLT'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).

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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CTLT

1.80x

Sector Median

0.72x

Sector Avg

2.70x

How CTLT's Quick Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.