Quick Ratio

The quick ratio measures a company's ability to pay its short-term obligations using its most liquid assets, such as cash and receivables, excluding inventory.

At 0.90x, Suncor holds $0.90 in liquid assets for every $1 of current liabilities — below the 1.0x threshold often considered comfortable, but well above the energy sector median of 0.58x. This places Suncor in the 81st percentile among its sector peers, meaning it has stronger short-term liquidity than roughly 80% of comparable firms. The 2.2% quarter-over-quarter decline from 0.92x to 0.90x suggests a slight erosion in liquidity, though no year-over-year data is available to assess a longer trend. The combination of a high relative level and a small quarterly dip implies limited immediate liquidity risk, but investors should watch for further deterioration. This metric supports the NEUTRAL verdict: the high peer ranking reduces downside risk, while the recent decline keeps the outlook balanced rather than bullish.

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