THC Quick Ratio Analysis

The Quick Ratio of 0.91x means THC has $0.91 in highly liquid assets—cash, marketable securities, and accounts receivable—for every $1.00 of short-term liabilities, indicating it can cover most but not all of its near-term obligations.

This ratio places THC above the sector median of 0.71x, sitting in the 64th percentile among peers, so its liquidity position is stronger than average in the industry. The year-over-year change is not available (N/A), the quarter-over-quarter change is N/A, and no trend is established over the last eight quarters, leaving the direction of movement unknown. Because the level is above the sector median yet below 1.0x, THC has a cushion relative to peers but still faces a slight shortfall in covering all current liabilities with its most liquid assets; the lack of trend data prevents assessing whether this position is improving or deteriorating. For investment risk, the ratio points to moderate liquidity risk—not alarming but worth monitoring—and without a trend, there is no clear opportunity from improving metrics. This metric supports the overall NEUTRAL verdict: it is neither a strong positive (since the ratio is below 1.0x) nor a red flag (given the above-median rank), and the absence of trend data reinforces a neutral stance.

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