DVN Quick Ratio Analysis

The quick ratio measures whether a company can cover its short-term bills using only its most liquid assets, like cash and receivables, without selling inventory.

At 0.86x, DVN holds 86 cents of these liquid assets for every dollar of current liabilities, meaning coverage is slightly short of a full 1.0x. This is above the sector median of 0.72x, placing DVN in the 60th percentile among peers, so its liquidity position is better than most comparable companies. Trend data are not available: year-over-year change is N/A and quarter-over-quarter change is N/A, so no direction can be inferred from this metric. The combination of a sub-1.0x ratio but above-median peer standing implies moderate liquidity risk, while the absence of trend data leaves the trajectory unknown. This supports the overall NEUTRAL verdict because the quick ratio shows neither a standout strength nor a clear weakness relative to the sector.

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