PKG Quick Ratio Analysis

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

PKG's current quick ratio of 1.63x means it has $1.63 in liquid assets for every $1 of current liabilities, well above the sector median of 0.72x and ranking in the 86th percentile among peers—indicating a stronger liquidity position than most. However, the ratio is decreasing over the last eight quarters, with a quarter-over-quarter decline of -8.9% (year-over-year change is not available). The combination of a high current level and a downward trend suggests that while PKG remains more liquid than peers, its liquidity buffer is eroding, which could signal rising risk if the trend continues. This supports the overall NEUTRAL verdict: the strong liquidity level is a positive, but the consistent decline offsets some of that benefit, leaving no clear bullish or bearish edge.

Frequently Asked Questions

Closest Sector Peers