EXPDNEUTRAL

Quick Ratio

1.65x

Updated 103h ago

Sector Performance

86th percentile

EXPD

1.65x

Sector Median

0.71x

Sector Avg

3.05x

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Deep Analysis

The quick ratio measures a company's ability to pay short-term obligations using its most liquid assets (excluding inventory).

EXPD's current quick ratio of 1.65x means it has $1.65 in liquid assets for every $1 of current liabilities, indicating comfortable liquidity. This far exceeds the sector median of 0.71x, placing EXPD in the 86th percentile among its peers. However, year-over-year and quarter-over-quarter changes are both listed as N/A, and no trend is available for the last eight quarters, so there is no directional signal. The high absolute level suggests a low near-term liquidity risk, but the absence of trend data removes any insight into whether this strength is improving or weakening. This metric supports the overall NEUTRAL verdict: strong liquidity is a defensive quality, but without trend information it does not provide a clear catalyst for a bullish or bearish stance.

Frequently Asked Questions

What does the Quick Ratio tell investors about EXPD?

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 EXPD's closest peers by Quick Ratio?

The closest peers by Quick Ratio include: EXR (0.16x), NIO (0.13x), DRI (0.13x), AWK (0.13x), SRE (0.11x).

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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EXPD

1.65x

Sector Median

0.71x

Sector Avg

3.05x

How EXPD's Quick Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.