Quick Ratio

The quick ratio measures a company's ability to pay short-term obligations using its most liquid assets (cash, marketable securities, receivables) without relying on inventory.

At 0.62x, ECL holds only $0.62 in liquid assets for every $1 of current liabilities, which is below the sector median of 0.72x and places it at the 40th percentile among peers — meaning 60% of peers have a higher quick ratio. The year-over-year change is not available, the quarter-over-quarter change is not available, and there is no data for the last eight quarters, so no trend direction can be assessed. The combination of a below-median quick ratio with no trend data means there is no recent improvement or deterioration to factor in, leaving the liquidity position as a moderate risk that is neither alarming nor reassuring. This metric supports the overall NEUTRAL verdict because the quick ratio is weaker than the sector average but not critically low, and the absence of trend information prevents any strong conviction either way.

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