Quick Ratio
Updated 8h ago
Sector Performance
84th percentileEOG
1.43x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
The quick ratio measures a company's ability to pay short-term obligations using its most liquid assets; a ratio above 1.0x, like EOG's current 1.43x, indicates it can cover near-term debts without relying on inventory sales.
Compared to sector peers, EOG's quick ratio is well above the median of 0.71x, placing it in the 84th percentile—a position of stronger-than-average liquidity. However, the trend direction, year-over-year change, and quarter-over-quarter change are all listed as N/A, meaning no historical comparison is available to assess whether liquidity is improving or declining. With a high absolute level but no trend data, investors see a current safety margin but lack insight into its stability. This metric supports the overall NEUTRAL verdict: the strong liquidity reduces short-term risk, but the absence of trend information prevents a more bullish or bearish stance on its own.
Frequently Asked Questions
What does the Quick Ratio tell investors about EOG?
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 EOG's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), NIO (0.13x), DRI (0.13x), AWK (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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1.43x
Sector Median
0.71x
Sector Avg
3.05x
How EOG's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.