Quick Ratio
Updated 488h ago
Sector Performance
48th percentileCTRA
0.69x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
The quick ratio measures a company’s ability to pay short-term obligations using its most liquid assets (cash, marketable securities, and receivables), excluding inventory.
CTRA’s current ratio of 0.69x means it has only $0.69 in liquid assets for every $1.00 of current liabilities, indicating a potential liquidity constraint. This is below the sector median of 0.73x, placing the company at the 47th percentile among peers. Over the last eight quarters, the ratio has been decreasing, with a quarter-over-quarter decline of 25.0% from 0.92x; year-over-year change is not available. The combination of a level below 1.0x and a declining trend points to rising liquidity risk, which could increase financial strain if short-term creditors demand payment. This negative signal contradicts the overall NEUTRAL verdict, as it suggests a more cautious view than a neutral stance would imply.
Frequently Asked Questions
What does the Quick Ratio tell investors about CTRA?
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 CTRA's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), NIO (0.13x), DRI (0.13x), AWK (0.13x), SRE (0.11x).
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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0.69x
Sector Median
0.71x
Sector Avg
3.05x
How CTRA's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.