Quick Ratio
Updated 8h ago
Sector Performance
73th percentileTEL
1.05x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
The quick ratio measures a company’s ability to cover short-term liabilities with its most liquid assets, excluding inventory.
At 1.05x, TEL has $1.05 in liquid assets for every $1 of current liabilities, suggesting a comfortable cushion. This compares to a sector median of 0.76x, placing TEL in the 68th percentile among peers — meaning it is stronger than about two-thirds of its sector. The year-over-year and quarter-over-quarter changes are both listed as N/A, and no trend data is available for the last eight quarters, so no directional insight can be drawn. The combination of a quick ratio above the sector median with no trend information implies a neutral short-term liquidity position but offers no evidence of improving or deteriorating risk. This metric supports the overall NEUTRAL verdict, as the ratio is adequate but not exceptional, and the lack of trend data prevents a more definitive assessment.
Frequently Asked Questions
What does the Quick Ratio tell investors about TEL?
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 TEL'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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1.05x
Sector Median
0.71x
Sector Avg
3.05x
How TEL's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.