Quick Ratio
Updated 30h ago
Sector Performance
20th percentileFIS
0.36x
Sector Median
0.72x
Sector Avg
3.05x
Deep Analysis
A quick ratio of 0.36x means FIS has only $0.36 in cash, marketable securities, and receivables for every $1 of current liabilities due within a year, indicating a low capacity to cover short-term obligations without selling inventory or raising capital.
This compares unfavorably to the sector median of 0.72x, placing FIS at the 20th percentile among peers—well below the typical cushion. The year-over-year change is not available, but the quarter-over-quarter change shows a 2.7% decline from 0.37x to 0.36x. The combination of an already low ratio and a recent downward tick increases short-term liquidity risk for investors, suggesting tighter financial flexibility. This metric supports the overall NEUTRAL verdict by highlighting a clear weakness that offsets any positive signals, yet does not alone warrant a bearish stance given the limited historical data.
Frequently Asked Questions
What does the Quick Ratio tell investors about FIS?
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 FIS's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), AWK (0.13x), DRI (0.13x), NIO (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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0.36x
Sector Median
0.72x
Sector Avg
3.05x
How FIS's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.