Quick Ratio
Updated 200h ago
Sector Performance
48th percentileJCI
0.69x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
The quick ratio of 0.69x means the company has $0.69 in cash, marketable securities, and receivables for every $1 of current liabilities due within a year — a measure of short-term liquidity.
This value sits below the sector median of 0.74x, placing the company at the 46th percentile among its peers, slightly weaker than the typical competitor. Year-over-year change is not available, but the quarter-over-quarter change shows a +7.8% improvement from the prior quarter’s 0.64x. The combination of a quick ratio below the sector median yet trending upward suggests manageable liquidity risk, with the recent quarter’s gain indicating an effort to strengthen the buffer. This metric neither contradicts nor strongly supports the overall NEUTRAL verdict — the level is slightly below average but the positive quarterly move prevents alarm, keeping the outlook balanced.
Frequently Asked Questions
What does the Quick Ratio tell investors about JCI?
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 JCI's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), NIO (0.13x), DRI (0.13x), AWK (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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0.69x
Sector Median
0.71x
Sector Avg
3.05x
How JCI's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.