Quick Ratio

MongoDB's current quick ratio of 2.30x means the company holds $2.30 in highly liquid assets (cash, marketable securities, receivables) for every $1 of current liabilities, indicating a strong short-term liquidity position.

This ratio sits above the technology sector median of 1.33x and places MongoDB in the 71st percentile among its sector peers. However, the metric has been decreasing over the last eight quarters, and the quarter-over-quarter change of -49.5% represents a sharp drop from the prior quarter's 4.55x, though year-over-year data is not available. The combination of a still-above-median level paired with a steep, sustained decline suggests liquidity is weakening, which could signal rising financial risk if the trend continues. This mixed picture supports the overall NEUTRAL verdict: the current ratio is healthy enough not to raise alarm, but the rapid deterioration warrants caution rather than confidence.

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