GOLDNEUTRAL

GOLD Quick Ratio Analysis

0.08x

Higher than 3% of Financial Services sector peers

Updated 46h ago·SEC filings & market data

Key Takeaway

The quick ratio measures a company’s ability to cover its immediate liabilities using its most liquid assets (cash, marketable securities, and receivables).

Sector Performance

3th percentile

GOLD

0.08x

Sector Median

0.45x

Sector Avg

3.69x

Prior Period

0.10x(May 2026)

↓ Declining

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Deep Analysis

The quick ratio measures a company’s ability to cover its immediate liabilities using its most liquid assets (cash, marketable securities, and receivables).

At 0.08x, GOLD has only $0.08 in liquid assets for every $1 of current liabilities — a very low margin of safety. The sector median is 0.45x, placing GOLD in the 3rd percentile among its Financial Services peers, meaning 97% of rivals have stronger liquidity. The year-over-year change is not available, but the quarter-over-quarter decline of -20.0% shows the ratio is rapidly worsening. The combination of an already extremely low ratio and a sharp downward trend points to elevated short-term default risk, which is a material concern for investors. This metric contradicts the overall NEUTRAL verdict, as such poor liquidity typically signals a need for caution rather than a balanced view.

Frequently Asked Questions

What does the Quick Ratio tell investors about GOLD?

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.

How does GOLD's Quick Ratio compare to its sector?

GOLD's Quick Ratio of 0.08x compares to a Financial Services sector median of 0.45x, placing it in the 3th percentile.

Who are GOLD's closest peers by Quick Ratio?

The closest Financial Services peers by Quick Ratio include: NAVI (0.45x), PFG (0.44x), RJF (0.37x), PNC (0.35x), COF (0.35x).

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Learn More About Quick Ratio

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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.