Quick Ratio

The quick ratio measures a company's ability to cover its short-term obligations using its most liquid assets (cash, marketable securities, and receivables), with a ratio below 1.0 indicating less than $1 of liquid assets per $1 of current liabilities.

At 0.76x, this company’s quick ratio sits slightly above the sector median of 0.72x and ranks in the 52nd percentile among its peers, meaning it is roughly average relative to the industry. The year-over-year change is not available, but the quarter-over-quarter decline of -13.6% (from 0.88x to 0.76x) shows the metric has weakened recently. While the current level is not alarming compared to the sector, the negative quarterly trend suggests increasing pressure on liquidity. This combination of an average starting point and a deteriorating short-term trend introduces modest risk for investors relying on the company to meet near-term debts. The metric aligns with the overall NEUTRAL verdict: it does not point to a clear strength or weakness, but the recent decline warrants attention.

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