NDSNNEUTRAL

Quick Ratio

1.44x

Updated 127h ago

Sector Performance

84th percentile

NDSN

1.44x

Sector Median

0.71x

Sector Avg

3.05x

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Deep Analysis

The Quick Ratio of 1.44x means the company has $1.44 in cash and other highly liquid assets for every $1 of short-term liabilities, indicating a solid ability to pay near-term bills without selling inventory.

This ratio sits well above the sector median of 0.72x, placing the company in the 84th percentile among its sector peers, suggesting stronger liquidity than most competitors. Data for the year-over-year change, quarter-over-quarter change, and the eight-quarter trend are all marked as N/A, with only a single historical value of 1.44x available, so no directional movement can be assessed. The high current level points to low liquidity risk, but the lack of trend information limits conclusions on whether this strength is improving or eroding. This metric does not contradict the overall NEUTRAL verdict; the strong liquidity position is a positive factor, but without trend data it does not justify upgrading or downgrading the stock from its neutral assessment.

Frequently Asked Questions

What does the Quick Ratio tell investors about NDSN?

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 NDSN'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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NDSN

1.44x

Sector Median

0.71x

Sector Avg

3.05x

How NDSN's Quick Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.