Quick Ratio
Higher than 2% of Technology sector peers
Updated 94h ago
Sector Performance
2th percentileLYFT
0.28x
Sector Median
1.32x
Sector Avg
11.22x
Deep Analysis
With a quick ratio of 0.28x, Lyft holds only $0.28 in cash, equivalents, and receivables for every $1 of short-term liabilities, meaning it could struggle to cover immediate obligations.
That figure lands well below the sector median of 1.33x and places the company in the 2nd percentile among Technology peers — the worst end of the range. Trend data is limited: no year-over-year comparison is available, but the ratio dropped 34.9% quarter over quarter from 0.43x to 0.28x. The combination of an already low liquidity level and a sharp quarterly decline signals elevated short-term financial risk. This metric directly contradicts the overall NEUTRAL verdict by pointing to a material weakness that could affect the company’s ability to operate without raising capital.
Frequently Asked Questions
What does the Quick Ratio tell investors about LYFT?
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.
How does LYFT's Quick Ratio compare to its sector?
LYFT's Quick Ratio of 0.28x compares to a Technology sector median of 1.32x, placing it in the 2th percentile.
Who are LYFT's closest peers by Quick Ratio?
The closest Technology peers by Quick Ratio include: SONY (0.80x), ADBE (0.79x), ASML (0.70x), STEM (0.69x), BILL (0.69x).
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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0.28x
Sector Median
1.32x
Sector Avg
11.22x
How LYFT's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.