Quick Ratio

The quick ratio of 0.83x means the company has $0.83 in liquid assets (cash, marketable securities, and receivables) for every $1.00 of current liabilities, indicating it may struggle to cover short-term obligations without selling inventory.

This ratio sits above the sector median of 0.73x, placing the company in the 57th percentile among its peers, so it is slightly more liquid than the typical sector firm. However, the metric has been decreasing over the last eight quarters, with no year-over-year data available and a quarter-over-quarter decline of -31.4% from 1.21x to 0.83x. The combination of a ratio that is still above the median but rapidly deteriorating suggests increasing short-term liquidity risk, which could offset any opportunity tied to relative sector strength. This downward trend contradicts the overall NEUTRAL verdict, as the sharp QoQ drop signals a worsening financial position that warrants closer attention.

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