Quick Ratio

The quick ratio measures a company’s ability to cover its short-term obligations using its most liquid assets — cash, marketable securities, and receivables — excluding inventory.

HAL’s current quick ratio of 1.30x means it holds $1.30 in quick assets for every $1.00 of current liabilities, indicating a comfortable liquidity cushion. This is well above the sector median of 0.72x and places HAL in the 80th percentile among peers, meaning its liquidity is stronger than 80% of comparable companies. No trend data is available: the year-over-year change, quarter-over-quarter change, and the direction over the last eight quarters are all reported as N/A, so the stability or trajectory of this metric cannot be assessed. The combination of a high absolute level and the absence of any trend information suggests that short-term liquidity risk is currently low, but there is no basis to judge whether that position is improving or weakening. This metric supports the overall NEUTRAL verdict, as a strong quick ratio offsets potential concerns in other areas without providing a clear directional signal on its own.

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