Quick Ratio
Updated 150h ago
Sector Performance
36th percentileEMN
0.58x
Sector Median
0.72x
Sector Avg
3.05x
Deep Analysis
The quick ratio measures a company's ability to cover immediate liabilities with its most liquid assets (cash, marketable securities, receivables).
EMN's current 0.58x means it has $0.58 in liquid assets for every $1 of short-term debt — a relatively low buffer. This sits well below the sector median of 0.72x, placing EMN in the 36th percentile among peers, indicating tighter liquidity than most competitors. Over the last eight quarters the metric has been stable, but the most recent quarter shows a -14.7% drop from 0.68x; year-over-year change is not available. The combination of a below-median level and a sudden quarterly decline introduces near-term liquidity risk, though the long-run stability suggests no structural deterioration. This incremental risk is consistent with the overall NEUTRAL verdict, as the metric does not point to a clear buy or sell signal on its own.
Frequently Asked Questions
What does the Quick Ratio tell investors about EMN?
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 EMN'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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0.58x
Sector Median
0.72x
Sector Avg
3.05x
How EMN's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.