Quick Ratio
Higher than 100% of Utilities sector peers
Updated 1138h ago
Sector Performance
100th percentileNEP
1.57x
Sector Median
0.39x
Sector Avg
0.49x
Deep Analysis
NEP (NEP) has a Quick Ratio of 1.57x as of June 2026.
This places NEP in the 100th percentile of the Utilities sector, which has a median Quick Ratio of 0.39x and a sector average of 0.49x. NEP's Quick Ratio is 302.6% above the sector median, a significant divergence that warrants closer examination. In context: A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
Frequently Asked Questions
What does the Quick Ratio tell investors about NEP?
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 NEP's Quick Ratio compare to its sector?
NEP's Quick Ratio of 1.57x compares to a Utilities sector median of 0.39x, placing it in the 100th percentile.
Who are NEP's closest peers by Quick Ratio?
The closest Utilities peers by Quick Ratio include: AES (0.39x), FLNC (0.40x), LNT (0.34x), AEP (0.28x), PCG (0.25x).
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.
Master NEP's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full NEP research report →NEP
1.57x
Sector Median
0.39x
Sector Avg
0.49x
How NEP's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.