Quick Ratio
Updated 176h ago
Sector Performance
42th percentileHCA
0.64x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
The quick ratio measures a company’s ability to pay short-term obligations using its most liquid assets (cash, marketable securities, accounts receivable), excluding inventory.
HCA’s current ratio of 0.64x is below the sector median of 0.72x, placing it in the 41st percentile among peers. No year-over-year or quarter-over-quarter changes are available, and the last eight quarters show no trend data. The combination of a below-median level with no observable trend suggests limited near-term liquidity cushion, but without directional movement, there is no clear signal of deterioration or improvement. This metric partially supports the overall neutral verdict, as the level is weak but not extreme, and the lack of trend data prevents a stronger conclusion.
Frequently Asked Questions
What does the Quick Ratio tell investors about HCA?
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 HCA's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), NIO (0.13x), DRI (0.13x), AWK (0.13x), SRE (0.11x).
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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0.64x
Sector Median
0.71x
Sector Avg
3.05x
How HCA's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.