Quick Ratio

The quick ratio of 1.06x means PTC has $1.06 in highly liquid assets (like cash and receivables) for every $1.00 of short-term debts, indicating near-sufficient liquidity to cover immediate obligations.

This level sits below the technology sector median of 1.28x and places PTC at the 37th percentile among its peers, meaning 63% of sector companies have higher quick ratios. The year-over-year change is not available, but the quarter-over-quarter change shows a decline of 36.9%, dropping from 1.68x to 1.06x. The combination of a below-median ratio paired with a steep quarterly drop signals increased short-term liquidity risk, as the company’s ability to cover liabilities without selling inventory has weakened rapidly. This metric contradicts the overall NEUTRAL verdict by introducing a negative risk factor, though the absolute level remains above 1.0x and does not alone justify a bearish call.

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