Quick Ratio

With a current Quick Ratio of **0.62x**, the company has only $0.62 of liquid assets (cash, marketable securities, and receivables) for every $1 of current liabilities due within a year — a measure of short-term financial health.

This level sits below the sector median of **0.72x**, placing IDXX at the **40th percentile** among its peers, meaning about 40% of competitors have a lower Quick Ratio and 60% have a higher one. Trend data is **N/A** for both year-over-year and quarter-over-quarter changes, and there are no historical values beyond the single current figure, so no directional pattern can be assessed. The combination of a Quick Ratio below the sector median with no trend history suggests a liquidity position that is weaker than average but not critically low, leaving room for further analysis rather than an immediate red flag. This metric supports the overall **NEUTRAL** verdict because the company’s liquidity is a relative weakness compared to peers, but the absence of a deteriorating trend prevents it from being a strong negative signal.

Frequently Asked Questions

Closest Sector Peers