SNANEUTRAL

SNA Quick Ratio Analysis

1.96x

Updated 57h ago·SEC filings & market data

Key Takeaway

The quick ratio measures a company’s ability to cover current liabilities with its most liquid assets, excluding inventory.

Sector Performance

89th percentile

SNA

1.96x

Sector Median

0.72x

Sector Avg

2.70x

Prior Period

2.61x(Apr 2026)

↓ Declining

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Deep Analysis

The quick ratio measures a company’s ability to cover current liabilities with its most liquid assets, excluding inventory.

At 1.96x, SNA holds nearly two dollars of liquid assets for every dollar of short-term debt. This is far above the sector median of 0.72x, placing SNA in the 90th percentile among sector peers. The trend is not available: year-over-year change is N/A and quarter-over-quarter change is N/A, so no direction can be inferred. The combination of a high liquidity level with an unknown trend shows a current safety margin, but offers no evidence of improvement or decline. This supports the overall NEUTRAL verdict, as the strong quick ratio is a positive factor but not enough to shift the view without trend data.

Frequently Asked Questions

What does the Quick Ratio tell investors about SNA?

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.

Who are SNA's closest peers by Quick Ratio?

The closest peers by Quick Ratio include: OMC (0.67x), KO (0.66x), SIEGY (0.64x), TAP (0.60x), LW (0.60x).

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Learn More About Quick Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.