Quick Ratio

TT’s current Quick Ratio of 0.66x means the company has $0.66 in liquid assets (cash, receivables, and short-term investments) for every $1 of current liabilities, indicating it may struggle to cover near-term obligations without selling inventory.

This ratio sits below the sector median of 0.72x, placing TT in the 43rd percentile among its peers, meaning over half of comparable companies have a stronger liquidity position. Because the year-over-year and quarter-over-quarter changes are both marked as N/A, and no historical data is available beyond the single 0.66x figure, there is no observable trend to assess. Without a trend direction, the current level alone suggests slightly higher short-term liquidity risk than the sector average, but the lack of movement prevents any judgment on whether conditions are improving or worsening. This metric supports the overall NEUTRAL verdict, as the Quick Ratio is below the median yet not critically low, and the absence of trend data leaves the picture inconclusive rather than clearly negative or positive.

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