Quick Ratio

SM Energy Company’s quick ratio of 0.32x means it has only $0.32 of liquid assets (cash, marketable securities, and receivables) available to cover each $1 of current liabilities, indicating limited short-term liquidity.

That ratio places the company well below the Energy sector median of 0.58x and at the 12th percentile among its sector peers, meaning most competitors hold more liquid assets relative to their near-term obligations. Because the year-over-year change and quarter-over-quarter change are both listed as N/A, there is no available trend data to assess whether liquidity is improving or deteriorating. The combination of a low absolute quick ratio and the absence of any trend information introduces uncertainty around the company’s ability to meet short-term debts, which heightens risk for investors concerned with financial flexibility. This metric supports the overall NEUTRAL verdict, as the weak liquidity position is a clear concern but the lack of directional data prevents it from being a definitive negative signal.

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