DOVNEUTRAL

DOV Quick Ratio Analysis

1.23x

Updated 391h ago·SEC filings & market data

Key Takeaway

The current Quick Ratio of 1.23x means DOV has $1.23 in liquid assets (excluding inventory) for every $1 of current liabilities, indicating a comfortable ability to cover short-term debts.

Sector Performance

78th percentile

DOV

1.23x

Sector Median

0.72x

Sector Avg

3.03x

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Deep Analysis

The current Quick Ratio of 1.23x means DOV has $1.23 in liquid assets (excluding inventory) for every $1 of current liabilities, indicating a comfortable ability to cover short-term debts.

This sits well above the sector median of 0.72x, placing the company in the 78th percentile among its peers. The trend direction is listed as N/A, with both the year-over-year and quarter-over-quarter changes marked as N/A, so no historical direction is available to assess. Because the metric level is strong relative to peers but lacks any trend data, the investment implication is neutral: the high liquidity reduces short-term risk, but the absence of a trend prevents judging whether this strength is improving or eroding. This metric supports the overall NEUTRAL verdict by confirming adequate financial flexibility without providing a catalyst for a more bullish or bearish view.

Frequently Asked Questions

What does the Quick Ratio tell investors about DOV?

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 DOV's closest peers by Quick Ratio?

The closest peers by Quick Ratio include: CBRE (0.86x), GWRE (0.87x), HES (0.87x), MCD (0.87x), TTWO (0.88x).

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Learn More About Quick Ratio

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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.