Quick Ratio

The quick ratio measures a company's ability to cover its short-term obligations using its most liquid assets, such as cash and accounts receivable.

At 0.50x, Enterprise Products Partners has less than half a dollar of liquid assets for every dollar of current liabilities. This is below the Energy sector median of 0.58x, placing the company at the 41st percentile among peers—meaning 59% of sector peers have a higher quick ratio. The year-over-year change is not available, but quarter-over-quarter the ratio fell 12.3% from 0.57x to 0.50x, indicating a recent deterioration in liquidity. The combination of a below-median level and a declining trend points to elevated short-term liquidity risk, which could strain operations if access to credit tightens. This metric supports the overall NEUTRAL verdict, as the quick ratio’s weakness is not extreme enough to warrant a bearish view, yet it prevents a bullish outlook given the ongoing erosion.

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