TDOCNEUTRAL

Quick Ratio

2.38x

Higher than 74% of Healthcare sector peers

Updated 22h ago

Sector Performance

74th percentile

TDOC

2.38x

Sector Median

1.31x

Sector Avg

2.65x

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Deep Analysis

Teladoc’s current quick ratio of 2.38x measures its ability to cover short-term liabilities using only its most liquid assets (like cash and receivables, excluding inventory).

This ratio sits well above the healthcare sector median of 1.31x, placing Teladoc in the 74th percentile among peers—meaning it has stronger near-term liquidity than roughly three-quarters of comparable companies. The year-over-year change is not available (N/A), and the quarter-over-quarter change is also N/A, providing no information on how this metric has been moving historically. With a high liquidity level but no observable trend, the metric signals that Teladoc currently faces low short-term default risk, but investors cannot gauge whether this cushion is improving or eroding. This combination of a strong level with no directional data neither creates a clear opportunity nor raises concern, aligning with the overall NEUTRAL verdict by confirming adequate liquidity without offering a catalyst for a more bullish or bearish stance.

Frequently Asked Questions

What does the Quick Ratio tell investors about TDOC?

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.

How does TDOC's Quick Ratio compare to its sector?

TDOC's Quick Ratio of 2.38x compares to a Healthcare sector median of 1.31x, placing it in the 74th percentile.

Who are TDOC's closest peers by Quick Ratio?

The closest Healthcare peers by Quick Ratio include: BIO (1.02x), BAX (1.01x), BSX (1.00x), BMY (0.91x), DGX (0.91x).

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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TDOC

2.38x

Sector Median

1.31x

Sector Avg

2.65x

How TDOC's Quick Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.