IEXNEUTRAL

IEX Quick Ratio Analysis

1.94x

Updated 129h ago·SEC filings & market data

Key Takeaway

The quick ratio measures a company’s ability to cover immediate liabilities using its most liquid assets, excluding inventory.

Sector Performance

88th percentile

IEX

1.94x

Sector Median

0.72x

Sector Avg

2.70x

Prior Period

2.18x(Jul 2026)

↓ Declining

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Deep Analysis

The quick ratio measures a company’s ability to cover immediate liabilities using its most liquid assets, excluding inventory.

At 1.94x, IEX holds $1.94 in liquid assets for every $1 of short-term debt, indicating ample near-term liquidity. This sits far above the sector median of 0.72x and places IEX in the 91st percentile among peers. The year-over-year change is N/A, and the past eight quarters show no trend data, but the quarter-over-quarter change is -11.0%, falling from 2.18x to the current 1.94x. A high but shrinking quick ratio suggests a strong liquidity cushion that is being reduced, which could signal rising risk if the decline continues. This mixed picture—strong level with a negative recent move—supports the overall NEUTRAL verdict rather than tilting clearly positive or negative.

Frequently Asked Questions

What does the Quick Ratio tell investors about IEX?

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 IEX'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).

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Learn More About Quick Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.