ESTC Quick Ratio Analysis

The quick ratio measures whether a company can cover its immediate short-term debts using its most liquid assets, such as cash and receivables; a value of 1.02x means $1.02 of liquid assets exists for every $1.00 of current liabilities.

Compared to sector peers, this is above the sector median of 0.72x, placing the company in the 69th percentile. The trend is not available: the year-over-year change is N/A and the quarter-over-quarter change is also N/A. Because the current level sits above the peer median but no trend data exists, the risk picture relies on a single snapshot, suggesting adequate liquidity without confirming any directional improvement or deterioration. This supports the overall NEUTRAL verdict, as the ratio indicates a solid but not exceptional liquidity position that does not tilt the investment case either way.

Frequently Asked Questions

Closest Sector Peers