ESS Quick Ratio Analysis
Updated 153h ago·SEC filings & market data
Key Takeaway
The quick ratio measures liquid assets like cash against short-term liabilities, showing how easily a company can cover near-term bills; ESS's 0.08x means it has only $0.08 of liquid assets for every $1 of current liabilities.
Sector Performance
3th percentileESS
0.08x
Sector Median
0.72x
Sector Avg
2.70x
Prior Period
0.10x(Jul 2026)
Deep Analysis
The quick ratio measures liquid assets like cash against short-term liabilities, showing how easily a company can cover near-term bills; ESS's 0.08x means it has only $0.08 of liquid assets for every $1 of current liabilities.
That level is well below the sector median of 0.71x and places the stock at the 3rd percentile among peers, meaning nearly all comparable companies have stronger liquidity. The trend direction is N/A, the year-over-year change is N/A, but the quarter-over-quarter change shows a 20.0% decline from 0.10x to 0.08x. Combined, the very low liquidity level and its recent drop point to elevated short-term financial risk and a higher chance of difficulty meeting obligations. This metric supports the overall CAUTIOUS verdict directly, as the company's liquidity position is both weak and getting weaker.
Frequently Asked Questions
What does the Quick Ratio tell investors about ESS?
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 ESS'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).
Learn More About Quick Ratio
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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0.08x
Sector Median
0.72x
Sector Avg
2.70x
How ESS's Quick Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.