GTLBNEUTRAL

GTLB Quick Ratio Analysis

0.83x

Updated 299h ago·SEC filings & market data

Key Takeaway

The quick ratio measures a company’s ability to pay short-term liabilities using its most liquid assets, such as cash and receivables, without relying on inventory.

Sector Performance

56th percentile

GTLB

0.83x

Sector Median

0.72x

Sector Avg

2.71x

Prior Period

2.42x(Jun 2026)

↓ Declining

📊

Deep Analysis

The quick ratio measures a company’s ability to pay short-term liabilities using its most liquid assets, such as cash and receivables, without relying on inventory.

At 0.83x, GTLB holds $0.83 of liquid assets for every $1 of current liabilities, meaning it does not fully cover near-term obligations with cash-like assets alone. This sits above the sector median of 0.72x, placing GTLB in the 57th percentile of its peer group. Trend data is not available, as both the year-over-year and quarter-over-quarter changes are N/A, so no direction can be inferred from history. The slightly above-median level suggests liquidity is adequate relative to peers, but the sub-1.0x ratio and missing trend leave limited clarity on improving or deteriorating risk. This metric supports the overall NEUTRAL verdict, as it shows neither a clear strength nor a clear weakness in short-term liquidity.

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.

Who are GTLB's closest peers by Quick Ratio?

The closest peers by Quick Ratio include: MELI (0.11x), LOW (0.10x), DRI (0.09x), NCLH (0.08x), PAYC (0.08x).

📚

Learn More About Quick Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.