LHXNEUTRAL

LHX Quick Ratio Analysis

0.29x

Updated 505h ago·SEC filings & market data

Key Takeaway

With a quick ratio of 0.29x, the company holds only $0.29 in liquid assets (cash, equivalents, and receivables) for every $1 of current liabilities, indicating a very low ability to cover short-term obligations without selling inventory.

Sector Performance

14th percentile

LHX

0.29x

Sector Median

0.71x

Sector Avg

3.04x

Prior Period

0.34x(Apr 2026)

↓ Declining
📊

Deep Analysis

With a quick ratio of 0.29x, the company holds only $0.29 in liquid assets (cash, equivalents, and receivables) for every $1 of current liabilities, indicating a very low ability to cover short-term obligations without selling inventory.

This level places it well below the sector median of 0.72x and in the 13th percentile among peers, meaning it lags 87% of comparable firms in liquidity. Trend data is not available for this metric — the year-over-year and quarter-over-quarter changes are both listed as N/A, so no direction can be inferred. The combination of a deeply sub‑median level with no observed trend implies a high short‑term default risk, but any improvement or deterioration remains unknown. This weak liquidity reading directly contradicts the overall NEUTRAL verdict, as it highlights a specific financial vulnerability that would typically warrant a more cautious view.

Frequently Asked Questions

What does the Quick Ratio tell investors about LHX?

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 LHX's closest peers by Quick Ratio?

The closest peers by Quick Ratio include: WM (0.69x), CHD (0.76x), IRM (0.63x), HIMS (0.60x), WMB (0.59x).

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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LHX

0.29x

Sector Median

0.71x

Sector Avg

3.04x

How LHX's Quick Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.