HSIC Quick Ratio Analysis
Updated 513h ago·SEC filings & market data
Key Takeaway
A quick ratio of 0.56x means the company has only $0.56 in liquid assets (cash, receivables, marketable securities) for every $1 of current liabilities due within a year—a low level that signals potential difficulty covering short-term obligations.
Sector Performance
35th percentileHSIC
0.55x
Sector Median
0.72x
Sector Avg
2.70x
Prior Period
0.56x(Jul 2026)
Deep Analysis
A quick ratio of 0.56x means the company has only $0.56 in liquid assets (cash, receivables, marketable securities) for every $1 of current liabilities due within a year—a low level that signals potential difficulty covering short-term obligations.
This sits below the sector median of 0.71x and places the company in the 36th percentile among its sector peers, indicating weaker liquidity than most competitors. Both the year-over-year change and quarter-over-quarter change are not available, so no trend direction can be assessed from the data provided. The combination of a low quick ratio with no trend data creates uncertainty: the current level alone points to elevated short-term liquidity risk, but without knowing whether it is improving or worsening, the investment risk is ambiguous. This metric supports a neutral overall verdict because the weak liquidity stance is a concern, yet the absence of any worsening trend leaves room for the neutral assessment to stand rather than tilting toward a bearish call.
Frequently Asked Questions
What does the Quick Ratio tell investors about HSIC?
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 HSIC's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: OMC (0.67x), KO (0.66x), SIEGY (0.64x), TAP (0.60x), LW (0.60x).
Learn More About Quick Ratio
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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0.55x
Sector Median
0.72x
Sector Avg
2.70x
How HSIC's Quick Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.