Quick Ratio
Updated 224h ago
Sector Performance
29th percentileOKE
0.49x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
The quick ratio measures a company's ability to pay short-term liabilities using its most liquid assets, with a value below 1.0x indicating potential liquidity stress.
At 0.49x, OKE's quick ratio is well below the sector median of 0.72x and places the company in the 28th percentile among its peers, meaning 72% of comparable firms hold a stronger liquidity position. Because the year-over-year change, quarter-over-quarter change, and historical trend are all reported as N/A, there is no directional data to assess whether liquidity is improving or deteriorating. The absence of a trend combined with a low current level suggests a static liquidity risk — the company has limited short-term financial flexibility, which could be a concern if cash needs arise unexpectedly. This metric alone does not contradict the overall NEUTRAL verdict, as a low quick ratio is a known risk factor that is already reflected in the neutral assessment, but investors should verify credit access or cash flow stability before forming a definitive view.
Frequently Asked Questions
What does the Quick Ratio tell investors about OKE?
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 OKE's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), NIO (0.13x), DRI (0.13x), AWK (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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0.49x
Sector Median
0.71x
Sector Avg
3.05x
How OKE's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.