EVGOCAUTIOUS

EVGO Quick Ratio Analysis

1.34x

Updated 270h ago·SEC filings & market data

Key Takeaway

The quick ratio measures a company's ability to cover short-term obligations with its most liquid assets, and EVGO's current 1.34x means it has $1.34 of liquid assets for every $1 of current liabilities.

Sector Performance

80th percentile

EVGO

1.34x

Sector Median

0.72x

Sector Avg

2.69x

Prior Period

1.52x(Aug 2026)

↓ Declining

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Deep Analysis

This ratio sits far above the sector median of 0.72x, placing EVGO in the 80th percentile among sector peers. The year-over-year change and the 8-quarter trend are not available, but the quarter-over-quarter change shows a decline of 11.8% from the prior value of 1.52x. The combination of a high liquidity level with a recent drop suggests the company still has a strong short-term cushion, but the downward direction warrants attention. This metric supports the overall cautious verdict because while the level is strong, the declining trend introduces a reason for caution.

Frequently Asked Questions

What does the Quick Ratio tell investors about EVGO?

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.

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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.