Quick Ratio

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

A current value of 0.99x means DXCM has $0.99 of these liquid assets for every $1.00 of current liabilities, indicating it can almost pay off all short-term debt without selling inventory. This ratio sits above the sector median of 0.72x, placing DXCM in the 69th percentile among its peers, so it has stronger liquidity than most competitors. The year-over-year change is not available, but the quarter-over-quarter change shows a sharp decline of -37.3%, dropping from 1.58x to 0.99x in the most recent period. While the current level remains above the sector median, the steep downward trend suggests liquidity is eroding, which introduces a near-term risk if the decline continues. This combination of an above-median level paired with a deteriorating trend does not clearly support or contradict the overall NEUTRAL verdict — the ratio itself is not alarming, but investors should monitor whether liquidity stabilizes.

Frequently Asked Questions

Closest Sector Peers