Quick Ratio
Higher than 57% of Energy sector peers
Updated 1516h ago
Sector Performance
57th percentileNOVA
0.59x
Sector Median
0.52x
Sector Avg
0.57x
Deep Analysis
NOVA (NOVA) has a Quick Ratio of 0.59x as of May 2026.
This places NOVA in the 57th percentile of the Energy sector, which has a median Quick Ratio of 0.52x and a sector average of 0.57x. NOVA's Quick Ratio is 13.5% above the sector median. 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 NOVA?
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 NOVA's Quick Ratio compare to its sector?
NOVA's Quick Ratio of 0.59x compares to a Energy sector median of 0.52x, placing it in the 57th percentile.
Who are NOVA's closest peers by Quick Ratio?
The closest Energy peers by Quick Ratio include: SPWR (0.52x), ENB (0.52x), EPD (0.50x), CNQ (0.58x), VTLE (0.45x).
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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0.59x
Sector Median
0.52x
Sector Avg
0.57x
How NOVA's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.