Quick Ratio

The quick ratio of 0.69x means MPC has $0.69 of highly liquid assets (cash, marketable securities, and receivables) for every $1 of current liabilities, indicating it can cover 69% of its short-term obligations without selling inventory.

This sits just below the sector median of 0.72x, placing MPC at the 48th percentile among its peers—essentially in line with the middle of the pack. Year-over-year trend data is not available, but the quarter-over-quarter change shows a jump of +666.7% from the prior quarter's 0.09x, reflecting a major recovery in liquidity. The combination of a near-median quick ratio with a steep upward trend suggests short-term liquidity risk has recently eased, though the absolute level still trails the sector. This metric neither contradicts nor strongly supports the overall NEUTRAL verdict; it reinforces the balanced view by showing MPC is close to the sector norm after a sharp improvement, without signaling any clear advantage or danger.

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