NI Quick Ratio Analysis

A quick ratio of 0.21x means the company has only $0.21 in highly liquid assets (like cash) for every $1 of short-term bills due within a year, signaling potential trouble covering near-term obligations.

That level is far below the sector median of 0.72x, placing the firm in the 7th percentile among peers — meaning about 93% of comparable companies hold a stronger liquidity buffer. The year-over-year change is N/A, but the quarter-over-quarter drop is -40.0%, falling from 0.35x to 0.21x; no eight-quarter trend is available. This combination of an already low quick ratio that is worsening rapidly points to elevated short-term liquidity risk, which could pressure operations if cash access tightens. The metric contradicts the overall NEUTRAL verdict because a sub-0.25x ratio with a steep recent decline typically warrants a more cautious stance, not a balanced one.

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