Quick Ratio
Updated 55h ago
Sector Performance
70th percentileSYK
1.02x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
The quick ratio measures a company’s ability to pay short-term liabilities with its most liquid assets, excluding inventory.
At 1.02x, SYK has exactly $1.02 in cash and equivalents for every $1 of near-term debt, indicating adequate liquidity. This figure sits above the sector median of 0.72x, placing SYK in the 70th percentile among its peers, meaning it holds more short-term liquidity than 70% of the sector. However, the trend data is not available — year-over-year and quarter-over-quarter changes are both marked as N/A, so there is no indication of improvement or deterioration over time. Given the strong current level but no trend to confirm direction, the metric suggests a low immediate liquidity risk but lacks forward-looking signal. This aligns with the overall NEUTRAL verdict, as a healthy quick ratio alone does not justify a bullish or bearish stance without supporting trend data or other fundamentals.
Frequently Asked Questions
What does the Quick Ratio tell investors about SYK?
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 SYK's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: EXR (0.16x), NIO (0.13x), DRI (0.13x), AWK (0.13x), SRE (0.11x).
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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1.02x
Sector Median
0.71x
Sector Avg
3.05x
How SYK's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.