Quick Ratio
Updated 560h ago
Sector Performance
36th percentileHSIC
0.56x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
A company's Quick Ratio (0.56x) measures its ability to pay short-term obligations with its most liquid assets, excluding inventory.
A ratio below 1.0 suggests it may struggle to cover immediate liabilities, so 0.56x indicates a relatively tight liquidity position. This value sits well below the sector median of 0.74x, placing HSIC in the 32nd percentile among peers, meaning most competitors hold stronger short-term liquidity. The year-over-year and quarter-over-quarter changes are both N/A, and no trend data is available for the last eight quarters, so no direction can be inferred. With a low liquidity level and no trend evidence, the risk is that any unexpected cash demands could strain operations, but there is no sign of deterioration either. This mixed picture supports the overall NEUTRAL verdict, as the weak absolute ratio is balanced by the absence of negative momentum.
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: 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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0.56x
Sector Median
0.71x
Sector Avg
3.05x
How HSIC's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.