Quick Ratio
Updated 678h ago
Sector Performance
1th percentileGS
0.02x
Sector Median
0.72x
Sector Avg
3.05x
Deep Analysis
The quick ratio measures a company's ability to pay short-term liabilities with its most liquid assets; a current value of 0.02x means Goldman Sachs has virtually no cash or equivalents relative to its immediate obligations.
Among sector peers, the median quick ratio is 0.79x, and this stock ranks at the 0th percentile — far below the typical peer. The year-over-year change is not available, but the quarter-over-quarter change is a drop of -97.9%, from 0.94x in the prior period to 0.02x now. This extreme decline from an already low level signals a sudden shift in liquidity, increasing the risk that the company could struggle to meet near-term debts without raising capital. The combination of an exceptionally low ratio and a steep negative trend points to a high short‑term liquidity risk, yet the overall NEUTRAL verdict may reflect other compensating factors such as the nature of Goldman Sachs’ business model (investment banking often holds minimal cash). This metric alone contradicts a neutral stance — the weak liquidity suggests higher risk than a neutral rating typically indicates.
Frequently Asked Questions
What does the Quick Ratio tell investors about GS?
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 GS's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), TFC (0.16x), AWK (0.13x), DRI (0.13x), NIO (0.13x).
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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0.02x
Sector Median
0.72x
Sector Avg
3.05x
How GS's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.