Quick Ratio
Updated 248h ago
Sector Performance
35th percentileEXPE
0.55x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
The quick ratio measures a company’s ability to pay short-term debts using its most liquid assets (cash, marketable securities, and receivables), excluding inventory.
EXPE’s current quick ratio of 0.55x is below the sector median of 0.73x and places the company in the 34th percentile among its peers, meaning two-thirds of comparable firms have a higher ratio. Year-over-year change is not available, but the ratio fell 19.1% quarter-over-quarter, dropping from 0.68x to 0.55x in the most recent period. A low level combined with a sharp quarterly decline suggests elevated near-term liquidity risk, as the company may struggle to cover obligations without relying on inventory sales or external financing. This metric does not contradict the overall NEUTRAL verdict, but it highlights a specific weakness that investors should weigh against other factors in the analysis.
Frequently Asked Questions
What does the Quick Ratio tell investors about EXPE?
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 EXPE'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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0.55x
Sector Median
0.71x
Sector Avg
3.05x
How EXPE's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.