Quick Ratio

The quick ratio measures a company's ability to pay its short-term obligations using only its most liquid assets, like cash and receivables, excluding inventory.

QUALCOMM's current quick ratio of 1.00x means it has exactly $1.00 in liquid assets for every $1.00 of short-term liabilities, meeting a basic threshold but leaving no safety margin. This sits well below the sector median of 1.33x, placing the company at the 31st percentile among technology peers. The metric has been decreasing over the last eight quarters, with a quarter-over-quarter decline of 31.0% from 1.45x to 1.00x (year-over-year change is not available). A low level combined with a falling trend points to increasing liquidity risk, as the company's cushion to cover near-term debts is shrinking. This metric contradicts the overall NEUTRAL verdict, signaling that liquidity weakness may warrant a more cautious view.

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