Quick Ratio

The quick ratio measures a company’s ability to pay its short-term debts using its most liquid assets—cash, marketable securities, and receivables—excluding inventory.

At 1.42x, the company holds $1.42 in liquid assets for every $1 of current liabilities, indicating a comfortable liquidity position. This ratio sits well above the sector median of 0.72x, placing the company in the 83rd percentile among its peers. Because the year-over-year change and quarter-over-quarter change are both reported as N/A, and there are no historical values beyond the current reading, no trend direction is available. The high ratio relative to peers suggests a lower short-term default risk, but the lack of trend data means there is no evidence of improving or deteriorating liquidity. This metric supports the overall NEUTRAL verdict: the strong quick ratio is a positive factor, yet the absence of historical movement prevents a more conclusive assessment.

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