Quick Ratio
Higher than 16% of Healthcare sector peers
Updated 82h ago
Sector Performance
16th percentileRHHBY
0.64x
Sector Median
1.08x
Sector Avg
2.19x
Deep Analysis
The quick ratio of 0.64x means the company has only $0.64 in liquid assets (cash, receivables, and marketable securities, excluding inventory) for every $1.00 of current liabilities due within a year.
This falls far below the healthcare sector median of 1.08x, placing RHHBY at the 16th percentile among peers — indicating weaker short-term liquidity than 84% of comparable firms. The year-over-year change is not available, but the quarter-over-quarter decline of -34.7% (from 0.98x to 0.64x) shows a sharp recent drop in liquidity coverage. A low quick ratio combined with a steep downward trend suggests elevated near-term liquidity risk, as the company has fewer easily accessible assets to cover its obligations. This metric contradicts the overall NEUTRAL verdict, as the weak liquidity position introduces a negative factor that a neutral rating does not reflect.
Frequently Asked Questions
What does the Quick Ratio tell investors about RHHBY?
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.
How does RHHBY's Quick Ratio compare to its sector?
RHHBY's Quick Ratio of 0.64x compares to a Healthcare sector median of 1.08x, placing it in the 16th percentile.
Who are RHHBY's closest peers by Quick Ratio?
The closest Healthcare peers by Quick Ratio include: BAX (1.01x), RVTY (1.25x), BMY (0.91x), TMO (0.85x), CCLD (0.79x).
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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0.64x
Sector Median
1.08x
Sector Avg
2.19x
How RHHBY's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.