Quick Ratio

The quick ratio measures a company's ability to cover its short-term obligations using its most liquid assets (cash, marketable securities, and receivables), excluding inventory.

At 1.15x, the company holds $1.15 in liquid assets for every $1 of current liabilities, indicating a comfortable liquidity position. This is well above the sector median of 0.72x, placing the company in the 76th percentile among peers — meaning it has stronger short-term liquidity than roughly three-quarters of its sector. However, there is no available data for the year-over-year change, quarter-over-quarter change, or any trend over the last eight quarters, so it is impossible to assess whether liquidity is improving or deteriorating. The combination of a strong current level with a completely unknown trend limits the ability to draw conclusions about risk: the high ratio suggests low immediate liquidity risk, but without direction, future shifts are uncertain. This metric supports the overall NEUTRAL verdict — the solid quick ratio is a positive but not a decisive factor, and the absence of trend data prevents a stronger bullish or bearish tilt.

Frequently Asked Questions

Closest Sector Peers