PLUG Quick Ratio Analysis

The quick ratio measures a company's ability to pay short-term debts using its most liquid assets, excluding inventory; a value of 0.61x means PLUG has $0.61 in cash and near-cash assets for every $1 of current liabilities.

This is below the sector median of 0.68x, placing PLUG at the 42th percentile among Industrials peers, so it sits slightly lower than the typical firm. The metric shows no trend because historical values are not available: the year-over-year change is N/A and the quarter-over-quarter change is N/A, leaving only the current snapshot. With a level below 1x and no trend data, the main risk is that PLUG could face difficulty covering near-term obligations if cash inflows slow, though its position is not far from the sector norm. The lack of trend means there is no evidence of improvement or deterioration, so the risk assessment rests entirely on the current low liquidity level. This supports the overall CAUTIOUS verdict, as the quick ratio points to a real liquidity constraint rather than offsetting strength.

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