Quick Ratio
Updated 102h ago
Sector Performance
96th percentileINCY
3.03x
Sector Median
0.72x
Sector Avg
3.05x
Deep Analysis
Current Quick Ratio of 3.03x means Incyte has $3.03 in very liquid assets (like cash and receivables) for every $1 of short-term debt—a strong buffer against immediate obligations.
Among sector peers, the median is 0.71x, and Incyte sits in the 96th percentile, far above the typical company. The year-over-year change is not available (N/A), the quarter-over-quarter change is N/A, and the trend direction over the last eight quarters is also N/A, so no past movement can be evaluated. This combination of a very high level with no trend history implies low immediate liquidity risk, but it also leaves open the possibility that the company may be holding excess idle cash rather than investing it. The NEUTRAL overall verdict is supported by this metric: the high quick ratio confirms financial stability, yet without trend data it neither strengthens nor weakens the neutral assessment.
Frequently Asked Questions
What does the Quick Ratio tell investors about INCY?
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 INCY's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), AWK (0.13x), DRI (0.13x), NIO (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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3.03x
Sector Median
0.72x
Sector Avg
3.05x
How INCY's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.