Quick Ratio

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

A ratio of 0.32x means REI has only $0.32 of liquid assets for every $1 of current debt, indicating a thin liquidity position. Compared to its Energy sector peers, this ratio sits at the 13th percentile, well below the sector median of 0.52x. No trend data is available because year-over-year and quarter-over-quarter changes are both listed as N/A, and only a single historical value of 0.32x is provided. The combination of a very low quick ratio with no observable trend suggests elevated short-term liquidity risk, as there is no evidence of improvement or deterioration to guide expectations. This metric strongly supports the overall CAUTIOUS verdict, since the company’s ability to cover immediate obligations is materially weaker than most of its sector peers.

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