Quick Ratio
Higher than 25% of Energy sector peers
Updated 46h ago
Sector Performance
25th percentileRRC
0.41x
Sector Median
0.58x
Sector Avg
0.62x
Deep Analysis
The quick ratio measures a company's ability to pay short-term debts using its most liquid assets, with values below 1.0x signaling potential liquidity strain.
Range Resources Corporation’s current ratio of 0.41x sits well below the Energy sector median of 0.58x, placing it in the 25th percentile among peers—meaning three-quarters of competitors have a stronger short-term liquidity position. Trend data is not available, with both the year-over-year and quarter-over-quarter changes listed as N/A, so no direction can be inferred from recent movements. The combination of a low quick ratio and no trend information suggests elevated liquidity risk, as the company’s coverage of immediate obligations is thin relative to the sector. This metric directly contradicts the overall NEUTRAL verdict by highlighting a weakness in financial flexibility that could amplify downside during energy price volatility.
Frequently Asked Questions
What does the Quick Ratio tell investors about RRC?
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 RRC's Quick Ratio compare to its sector?
RRC's Quick Ratio of 0.41x compares to a Energy sector median of 0.58x, placing it in the 25th percentile.
Who are RRC's closest peers by Quick Ratio?
The closest Energy peers by Quick Ratio include: CNQ (0.58x), NOVA (0.59x), ENB (0.53x), SPWR (0.52x), RUN (0.65x).
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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0.41x
Sector Median
0.58x
Sector Avg
0.62x
How RRC's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.