Quick Ratio
Updated 104h ago
Sector Performance
86th percentileEXPD
1.65x
Sector Median
0.71x
Sector Avg
3.05x
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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1.65x
Sector Median
0.71x
Sector Avg
3.05x
How EXPD's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.