PAAS Quick Ratio Analysis
Higher than 50% of Basic Materials sector peers
Updated 9h ago·SEC filings & market data
Key Takeaway
The quick ratio measures whether a company can cover its immediate short-term obligations using its most liquid assets (cash, marketable securities, and receivables) without relying on inventory; PAAS's current value of 1.91x means it has $1.91 in liquid assets for every $1 of current liabilities.
Sector Performance
50th percentilePAAS
1.91x
Sector Median
1.91x
Sector Avg
5.55x
Prior Period
2.06x(May 2026)
Deep Analysis
The quick ratio measures whether a company can cover its immediate short-term obligations using its most liquid assets (cash, marketable securities, and receivables) without relying on inventory; PAAS's current value of 1.91x means it has $1.91 in liquid assets for every $1 of current liabilities.
This sits exactly at the sector median of 1.91x, placing PAAS at the 50th percentile among Basic Materials peers, so its liquidity position is neither above nor below the typical competitor. The trend is not available: both the year-over-year change and the quarter-over-quarter change are reported as N/A, so there is no observed direction to assess. With a level that matches the sector average and no trend data, the risk profile is essentially neutral — no liquidity advantage or disadvantage is apparent, and no momentum signal exists to change that view. This metric directly supports the overall NEUTRAL verdict, as it provides no reason to favor or avoid the stock on liquidity grounds alone.
Frequently Asked Questions
What does the Quick Ratio tell investors about PAAS?
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.
How does PAAS's Quick Ratio compare to its sector?
PAAS's Quick Ratio of 1.91x compares to a Basic Materials sector median of 1.91x, placing it in the 50th percentile.
Who are PAAS's closest peers by Quick Ratio?
The closest Basic Materials peers by Quick Ratio include: AEM (2.03x), AG (2.51x), BHP (1.20x), ALB (1.11x), SILV (2.76x).
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 PAAS's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full PAAS research report →PAAS
1.91x
Sector Median
1.91x
Sector Avg
5.55x
How PAAS's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.