ODFL Quick Ratio Analysis

The quick ratio measures whether a company can cover its immediate liabilities with its most liquid assets, like cash and receivables, without selling inventory.

At 1.65x, ODFL has $1.65 of liquid assets for every $1 of short-term debt, indicating ample short-term financial flexibility. That level is far above the sector median of 0.72x, placing the company in the 86th percentile of peers. The year-over-year change is not available, but the quarter-over-quarter rise of +17.9% shows liquidity improved recently, moving from 1.40x to 1.65x. The combination of a high absolute level and an upward quarterly trend points to lower short-term solvency risk, which typically reduces investment downside. This metric contradicts the overall cautious verdict, as the balance sheet's liquidity position is a clear strength rather than a concern.

Frequently Asked Questions

Closest Sector Peers