NUE Quick Ratio Analysis
Updated 9h ago·SEC filings & market data
Key Takeaway
A quick ratio of 1.39x means NUE has $1.39 in liquid assets (cash, marketable securities, and receivables) for every $1 of current liabilities due within a year, indicating it can cover short-term obligations without selling inventory.
Sector Performance
81th percentileNUE
1.39x
Sector Median
0.72x
Sector Avg
2.70x
Prior Period
1.45x(Apr 2026)
Deep Analysis
A quick ratio of 1.39x means NUE has $1.39 in liquid assets (cash, marketable securities, and receivables) for every $1 of current liabilities due within a year, indicating it can cover short-term obligations without selling inventory.
This sits well above the sector median of 0.72x, placing NUE at the 82nd percentile among peers, so its liquidity position is stronger than most comparable companies. The trend data is not available: the year-over-year change is N/A and the quarter-over-quarter change is N/A, so no direction can be inferred from this metric alone. Because the level is high but the trend is unknown, the main investment implication is that liquidity risk is currently low, yet there is no evidence of improving or deteriorating momentum to act on. This metric supports the overall NEUTRAL verdict: the strong absolute and relative liquidity justify no downside alarm, but the lack of trend data offers no reason to upgrade the outlook.
Frequently Asked Questions
What does the Quick Ratio tell investors about NUE?
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 NUE's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: OMC (0.67x), KO (0.66x), SIEGY (0.64x), TAP (0.60x), LW (0.60x).
Learn More About Quick Ratio
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 NUE's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full NUE research report →NUE
1.39x
Sector Median
0.72x
Sector Avg
2.70x
How NUE's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.