Quick Ratio
Higher than 32% of Consumer Cyclical sector peers
Updated 48h ago
Sector Performance
32th percentileCZR
0.62x
Sector Median
0.80x
Sector Avg
1.98x
Deep Analysis
Caesars Entertainment's quick ratio of 0.62x indicates the company has only $0.62 in liquid assets for every $1.00 of current liabilities, suggesting potential near-term liquidity constraints.
This trails the Consumer Cyclical sector median of 0.76x and ranks in the 35th percentile among sector peers, meaning 65% of comparable companies maintain stronger short-term liquidity positions. The metric has remained flat at 0.62x over the last four quarters, showing no improvement in the company's ability to meet immediate obligations without relying on inventory sales. A quick ratio below 1.0x is generally concerning as it suggests CZR may face challenges covering short-term debts with readily available assets. For investors, this weak and stagnant liquidity position warrants caution, particularly given the capital-intensive and cyclical nature of the gaming and entertainment industry.
Frequently Asked Questions
What does the Quick Ratio tell investors about CZR?
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 CZR's Quick Ratio compare to its sector?
CZR's Quick Ratio of 0.62x compares to a Consumer Cyclical sector median of 0.80x, placing it in the 32th percentile.
Who are CZR's closest peers by Quick Ratio?
The closest Consumer Cyclical peers by Quick Ratio include: CHPT (0.59x), W (0.59x), AEO (0.57x), MELI (0.55x), JACK (0.54x).
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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0.62x
Sector Median
0.80x
Sector Avg
1.98x
How CZR's Quick Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.