FOX Quick Ratio Analysis

A company's Quick Ratio measures its ability to pay short-term debts using only its most liquid assets (cash, marketable securities, and receivables).

At 2.52x, FOX holds $2.52 in liquid assets for every $1 of current liabilities, indicating ample short-term financial flexibility. This ratio far exceeds the sector median of 0.72x, placing FOX in the 93rd percentile among its peers. The year-over-year change is not available, but the quarter-over-quarter increase of +9.1% (from 2.31x to 2.52x) shows improving liquidity in the most recent period. The combination of a high ratio—already well above the sector norm—and a rising trend signals very low short-term default risk, which is generally a positive attribute for investors. However, this metric alone supports the overall NEUTRAL verdict because while strong liquidity reduces downside risk, it does not point to a compelling growth opportunity or mispricing that would warrant a positive rating.

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