Quick Ratio
Updated 418h ago
Sector Performance
81th percentileTER
1.33x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
The quick ratio measures a company’s ability to pay short-term obligations with its most liquid assets, excluding inventory.
At 1.33x, TER holds $1.33 in liquid assets for every $1 of current liabilities, indicating ample short-term financial flexibility. This is well above the sector median of 0.73x, placing TER in the 81st percentile among its peers, meaning its liquidity is stronger than roughly 80% of comparable firms. Year-over-year change is not available, but quarter-over-quarter the ratio dipped by 0.7% from 1.34x to 1.33x, a very minor decline. The combination of a high absolute level and a barely negative trend suggests low near-term liquidity risk, though the slight erosion warrants monitoring. This metric supports the overall NEUTRAL verdict: the strong liquidity position provides a safety buffer, but the absence of improvement or a clear trend offers no strong bullish or bearish signal.
Frequently Asked Questions
What does the Quick Ratio tell investors about TER?
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 TER'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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1.33x
Sector Median
0.71x
Sector Avg
3.05x
How TER's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.