Quick Ratio
Updated 80h ago
Sector Performance
95th percentileMU
2.66x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
MU’s quick ratio of 2.66x means the company holds $2.66 in liquid assets (cash, marketable securities, receivables) for every $1 of current liabilities due within a year, indicating a strong short-term liquidity position.
This far exceeds the sector median of 0.71x, placing MU in the 95th percentile among peers—one of the most liquid companies in its industry. Trend data is unavailable: the year-over-year and quarter-over-quarter changes are both reported as N/A, and there are no historical values beyond the current figure. Given the exceptionally high level without a directional trend, investors cannot assess whether liquidity is improving or deteriorating, which limits the ability to draw forward-looking conclusions. This strong liquidity reduces the risk of a short-term cash shortage, but the lack of trend information means the metric alone does not signal a clear investment opportunity. The quick ratio supports the NEUTRAL verdict by showing a defensive financial position, but neither strongly contradicts nor reinforces the overall assessment because the trend is missing.
Frequently Asked Questions
What does the Quick Ratio tell investors about MU?
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 MU's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), NIO (0.13x), DRI (0.13x), AWK (0.13x), SRE (0.11x).
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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2.66x
Sector Median
0.71x
Sector Avg
3.05x
How MU's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.