Quick Ratio

The quick ratio measures a company’s ability to cover its short-term debts using its most liquid assets (cash, marketable securities, and receivables), excluding inventory.

PH’s current quick ratio of 0.54x means it has only $0.54 in quick assets for every $1 of current liabilities. This is below the sector median of 0.71x, placing PH in the 34th percentile among its sector peers, meaning about two-thirds of peers have a higher quick ratio. Trend data is not available — the year-over-year change, quarter-over-quarter change, and the direction over the last eight quarters are all listed as N/A, with only a single historical value of 0.54x. The low ratio indicates weaker liquidity than peers, but without any trend information it is impossible to know whether the metric is improving or deteriorating, adding uncertainty. This metric points to a potential short-term liquidity risk that could weigh on the stock, but given the absence of trend context, it does not contradict the overall NEUTRAL verdict, which likely incorporates other factors.

Frequently Asked Questions

Closest Sector Peers