LSPD Quick Ratio Analysis

A quick ratio of 2.21x means LSPD has $2.21 in liquid assets (cash, marketable securities, and receivables) for every $1 of current liabilities due within a year, showing it can cover short-term obligations without selling inventory.

This is far above the sector median of 0.72x, placing LSPD in the 91st percentile among peers, indicating stronger liquidity than most comparable companies. The trend data is limited: year-over-year change is N/A, while quarter-over-quarter the ratio fell 24.8% from 2.94x to 2.21x. That decline, combined with an already high level, suggests liquidity is easing but remains ample for near-term needs. The high level reduces immediate solvency risk, yet the sharp quarterly drop warrants attention if it continues. This metric supports the overall CAUTIOUS verdict because while current strength is clear, the downward movement signals potential weakening ahead.A quick ratio of 2.21x means LSPD holds $2.21 in easily accessible assets—cash, marketable securities, and receivables—for every $1 of short-term liabilities due within a year, indicating strong capacity to pay bills without relying on inventory sales. This is well above the sector median of 0.72x, placing LSPD in the 91st percentile among peers, so its liquidity is far better than most comparable companies. The trend is only partially available: year-over-year change is N/A, while quarter-over-quarter the ratio dropped 24.8% from 2.94x to 2.21x. That combination of a high level and a sharp quarterly decline means near-term solvency risk is low, but the momentum is clearly negative. If the slide continues, the cushion that currently protects LSPD could thin quickly, adding risk to the outlook. This metric supports the overall CAUTIOUS verdict: the level is reassuring, but the quarter-over-quarter contraction points to a material shift that investors should monitor.

Frequently Asked Questions

Closest Sector Peers