Quick Ratio

The quick ratio measures a company’s ability to pay short-term liabilities using its most liquid assets (cash, marketable securities, receivables) but excluding inventory.

A ratio of 0.46x means FTV has only $0.46 in liquid assets for every $1 of current liabilities, indicating a tight liquidity position. Relative to sector peers, this is well below the sector median of 0.72x and places FTV in the 27th percentile, meaning most peers hold a larger liquidity cushion. Because the year-over-year change, quarter-over-quarter change, and previous eight quarters are all listed as N/A, there is no trend data to assess whether liquidity is improving, deteriorating, or stable. The combination of a low absolute level and the absence of any trend information means the risk is elevated — without a trend, an investor cannot determine if this weakness is temporary or persistent. This metric contradicts the overall NEUTRAL verdict because a quick ratio in the bottom third of the sector points to a material liquidity risk that merits a more cautious stance.

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