EOGNEUTRAL

EOG Quick Ratio Analysis

1.58x

Updated 393h ago·SEC filings & market data

Key Takeaway

The quick ratio measures a company's ability to cover immediate liabilities with its most liquid assets, and EOG's 1.58x means it holds $1.58 in cash-like assets for every $1 of short-term obligations.

Sector Performance

85th percentile

EOG

1.58x

Sector Median

0.72x

Sector Avg

2.70x

Prior Period

1.43x(Jul 2026)

↑ Improving

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Deep Analysis

This is far above the sector median of 0.72x, placing EOG in the 86th percentile among peers. The year-over-year change is not available, and no eight-quarter trend is available, but the ratio rose 10.5% quarter over quarter from 1.43x to 1.58x. The combination of a high liquidity level and a recent quarterly improvement suggests reduced near-term default risk, though the lack of longer-term data limits confidence in the trend. This metric supports the overall NEUTRAL verdict: strong liquidity is a positive factor, but it does not override other offsets that keep the stock rating balanced.

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: OMC (0.67x), KO (0.66x), SIEGY (0.64x), TAP (0.60x), LW (0.60x).

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Learn More About Quick Ratio

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Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.