Quick Ratio
Higher than 72% of Technology sector peers
Updated 598h ago
Sector Performance
72th percentileGTLB
2.42x
Sector Median
1.32x
Sector Avg
11.22x
Deep Analysis
GitLab Inc. (GTLB) has a Quick Ratio of 2.42x as of June 2026.
This places GTLB in the 72th percentile of the Technology sector, which has a median Quick Ratio of 1.32x and a sector average of 11.22x. GTLB's Quick Ratio is 83.3% above the sector median, a significant divergence that warrants closer examination. In context: A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
Frequently Asked Questions
What does the Quick Ratio tell investors about GTLB?
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 GTLB's Quick Ratio compare to its sector?
GTLB's Quick Ratio of 2.42x compares to a Technology sector median of 1.32x, placing it in the 72th percentile.
Who are GTLB's closest peers by Quick Ratio?
The closest Technology peers by Quick Ratio include: ADBE (0.79x), ASML (0.70x), STEM (0.69x), BILL (0.69x), GRAB (0.69x).
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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2.42x
Sector Median
1.32x
Sector Avg
11.22x
How GTLB's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.