PSX Quick Ratio Analysis
Updated 153h ago·SEC filings & market data
Key Takeaway
A quick ratio of 0.86x means the company has 86 cents in liquid assets (cash, marketable securities, and receivables) for every $1 of short-term liabilities due within a year, showing it can likely cover near-term obligations but with a narrow cushion.
Sector Performance
58th percentilePSX
0.86x
Sector Median
0.72x
Sector Avg
2.70x
Prior Period
0.71x(Jul 2026)
Deep Analysis
A quick ratio of 0.86x means the company has 86 cents in liquid assets (cash, marketable securities, and receivables) for every $1 of short-term liabilities due within a year, showing it can likely cover near-term obligations but with a narrow cushion.
This sits above the sector median of 0.72x, placing PSX in the 59th percentile among peers, so its liquidity position is modestly stronger than most. The trend is N/A: both year-over-year and quarter-over-quarter changes are N/A, and there is no eight-quarter history to evaluate direction. With a level that is adequate but not high and no trend data to confirm improvement or deterioration, the main investment risk is that liquidity could erode without warning. This provides no added downside signal, but also no upside catalyst, so it neither increases nor reduces expected returns. Thus, the metric neither supports nor contradicts the overall NEUTRAL verdict—it simply aligns with a view that the stock carries balanced risk and opportunity.
Frequently Asked Questions
What does the Quick Ratio tell investors about PSX?
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 PSX's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: OMC (0.67x), KO (0.66x), SIEGY (0.64x), TAP (0.60x), LW (0.60x).
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.
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0.86x
Sector Median
0.72x
Sector Avg
2.70x
How PSX's Quick Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.