Quick Ratio

Imperial Oil’s current quick ratio of 0.93x means the company has $0.93 in highly liquid assets — cash, marketable securities, and receivables — for every $1 of short-term liabilities, indicating it can cover most near-term obligations without selling inventory.

This ratio places the firm well above the Energy sector median of 0.59x, at the 88th percentile among peers, showing stronger liquidity than the vast majority of comparable companies. The trend data is not available: both the year-over-year and quarter-over-quarter changes are N/A, providing no insight into whether the ratio has been improving or deteriorating. The combination of a high liquidity level with no trend information means the current snapshot is favorable, but the absence of direction creates uncertainty about the company’s ability to maintain or improve this position. While the strong quick ratio alone is a positive signal, the overall CAUTIOUS verdict is not directly supported by this metric — it actually contradicts a cautious stance, as the company’s liquidity stands out favorably against its sector.

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