Quick Ratio
Updated 80h ago
Sector Performance
44th percentileTXT
0.66x
Sector Median
0.71x
Sector Avg
3.05x
Deep Analysis
The quick ratio of 0.66x means TXT has $0.66 in highly liquid assets (cash, marketable securities, receivables) for every dollar of short-term liabilities, indicating a limited buffer to cover near-term obligations.
This sits slightly below the sector median of 0.71x, placing TXT in the 43rd percentile among its peers — below average but not an outlier. No trend data is available: the year-over-year change and quarter-over-quarter change are both listed as N/A, and only a single historical value of 0.66x is provided. With the quick ratio below the sector median and no direction to assess, the current level suggests moderate liquidity risk, but the absence of a trend leaves uncertainty about any deterioration or improvement. This metric does not contradict the overall NEUTRAL verdict, as the ratio is near the sector midpoint and does not signal a clear advantage or threat.
Frequently Asked Questions
What does the Quick Ratio tell investors about TXT?
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 TXT'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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0.66x
Sector Median
0.71x
Sector Avg
3.05x
How TXT's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.