ITNEUTRAL

IT Quick Ratio Analysis

0.79x

Updated 441h ago·SEC filings & market data

Key Takeaway

The quick ratio of 0.79x means the company has $0.79 of highly liquid assets—cash, marketable securities, and receivables—for every $1 of short-term liabilities due within a year.

Sector Performance

54th percentile

0.79x

Sector Median

0.72x

Sector Avg

2.70x

Prior Period

0.85x(Apr 2026)

↓ Declining

📊

Deep Analysis

The quick ratio of 0.79x means the company has $0.79 of highly liquid assets—cash, marketable securities, and receivables—for every $1 of short-term liabilities due within a year.

This sits above the sector median of 0.72x, placing the company at the 55th percentile among peers, so its liquidity position is modestly stronger than half the sector. The trend is not available: the year-over-year change is N/A and the quarter-over-quarter change is N/A, with historical values covering only the current 0.79x figure. A level below 1.0x indicates the company does not fully cover current obligations with liquid assets, but the peer comparison softens that concern; without trend data, investors cannot judge whether liquidity is improving or deteriorating. The combination of a slightly above-median level and absent trend data introduces uncertainty, not a clear red flag or an opportunity. This metric supports the overall NEUTRAL verdict because it shows neither a decisive strength nor a pressing liquidity risk relative to sector norms.

Frequently Asked Questions

What does the Quick Ratio tell investors about IT?

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 IT'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).

📚

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.