FAST Quick Ratio Analysis

The Quick Ratio of 2.00x means that FAST holds $2.00 in highly liquid assets—cash, marketable securities, and receivables—for every $1.00 of current liabilities, indicating ample short-term financial flexibility.

This well exceeds the sector median of 0.71x and places FAST in the 91st percentile among peers, reflecting a much stronger liquidity position than most comparable companies. Year-over-year data is not available, but on a quarter-over-quarter basis the ratio fell 6.1%, from 2.13x to 2.00x, showing a recent contraction. While the extremely high level signals low default risk and a comfortable cash cushion, the downward trend suggests that liquidity is being reduced, possibly due to increased payables or decreased cash. This combination—strong level paired with a negative trend—implies that the investment risk is currently low but warrants monitoring if the decline continues. The metric neither directly confirms nor contradicts the overall CAUTIOUS verdict; the strong ratio alone is favorable, but the declining trajectory aligns with the cautious stance by introducing a source of incremental risk.

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