Quick Ratio
Updated 78h ago
Sector Performance
18th percentileNRG
0.33x
Sector Median
0.72x
Sector Avg
3.05x
Deep Analysis
NRG's current quick ratio of 0.33x means the company has only $0.33 of highly liquid assets—like cash and receivables—for every $1 of short-term obligations, indicating a tight liquidity position.
This is well below the sector median of 0.71x, placing NRG in the 18th percentile among its peers. The year-over-year change is not available, but the quarter-over-quarter decline of -45.0% shows a sharp recent deterioration, though only two data points exist. The combination of a very low ratio and a rapidly worsening trend suggests elevated short-term financial risk, as the company's ability to cover immediate liabilities is eroding. This metric directly supports the overall CAUTIOUS verdict, as both the level and trajectory point to heightened vulnerability.
Frequently Asked Questions
What does the Quick Ratio tell investors about NRG?
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 NRG's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), AWK (0.13x), DRI (0.13x), NIO (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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0.33x
Sector Median
0.72x
Sector Avg
3.05x
How NRG's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.