Quick Ratio

With a quick ratio of 2.13x, the company holds $2.13 in highly liquid assets—cash, marketable securities, and receivables—for every $1 of current liabilities, indicating strong short-term liquidity.

This ratio far exceeds the sector median of 0.72x and places FAST in the 91st percentile among its peers, meaning it has substantially more liquidity coverage than most competitors. Trend data is not available: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and there is no historical record beyond the single current figure. The combination of a high current level with no observable trend implies that while the company currently faces low short-term liquidity risk, the absence of directional data prevents assessment of whether this strength is recent or sustained. This metric directly contradicts the overall CAUTIOUS verdict, as a quick ratio well above the peer median typically signals financial stability rather than a reason for caution, though other factors likely drive the cautious stance.

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