Quick Ratio
Updated 53h ago
Sector Performance
32th percentileDOC
0.52x
Sector Median
0.72x
Sector Avg
3.05x
Deep Analysis
The quick ratio of 0.52x means the company has only $0.52 in liquid current assets for every $1 of short-term liabilities, indicating potential difficulty covering immediate obligations.
This sits below the sector median of 0.73x and places the company in the 32nd percentile among peers, meaning most competitors have stronger liquidity. The metric has been decreasing over the last eight reported quarters, with the most recent quarter-over-quarter change dropping 74.3% from 2.02x to 0.52x (year-over-year data is not available). A low and falling quick ratio signals rising liquidity risk, as the firm’s ability to pay short-term debts is weakening. This combination — a level far below the sector average paired with a sharp downward trend — raises a red flag for investors focused on financial stability. Therefore, this metric contradicts the neutral overall verdict by pointing to a specific vulnerability that would typically warrant a more cautious view.
Frequently Asked Questions
What does the Quick Ratio tell investors about DOC?
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 DOC's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), AWK (0.13x), DRI (0.13x), NIO (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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0.52x
Sector Median
0.72x
Sector Avg
3.05x
How DOC's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.