SAIA Quick Ratio Analysis

The quick ratio measures whether a company can cover its immediate liabilities with its cash and near-cash assets; at 1.37x, SAIA holds $1.37 in liquid assets for every $1 of short-term debt.

This is well above the sector median of 0.72x, placing SAIA in the 80th percentile among its peers. The ratio increased 7.9% quarter over quarter, climbing from 1.27x, though no year-over-year figure is available to confirm a longer-term trend. The high level relative to peers plus recent upward movement indicates low near-term solvency risk, which reduces the chance of liquidity-driven downside. However, holding excess cash can also signal that resources are not being directed toward higher-return growth projects. This supports the

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