WDCNEUTRAL

Quick Ratio

0.85x

Updated 270h ago

Sector Performance

59th percentile

WDC

0.85x

Sector Median

0.72x

Sector Avg

3.05x

📊

Deep Analysis

The quick ratio of 0.85x means WDC has $0.85 in liquid assets (cash, equivalents, and receivables) for every $1 of current liabilities due within a year, indicating a modest ability to cover short-term obligations without selling inventory.

This is above the sector median of 0.72x, placing WDC in the 59th percentile among peers, which is slightly better than average. The metric is labeled stable over the last eight quarters, though the quarter-over-quarter change is -23.4% (from 1.11x to 0.85x), with the year-over-year change not available. The combination of an above-median level but a sharp quarterly decline points to a recent reduction in short-term liquidity, creating a minor risk if the trend continues, though the stable long-term view tempers immediate concern. This metric partially supports the overall NEUTRAL verdict: the adequate level offsets the negative quarterly move, leaving no clear bullish or bearish signal from liquidity alone.

Frequently Asked Questions

What does the Quick Ratio tell investors about WDC?

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 WDC's closest peers by Quick Ratio?

The closest peers by Quick Ratio include: EXR (0.16x), AWK (0.13x), DRI (0.13x), NIO (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.

Advertisement

Master WDC's Valuation

Get the complete institutional research report covering all fundamental and technical metrics.

View full WDC research report

Free account — no credit card

WDC

0.85x

Sector Median

0.72x

Sector Avg

3.05x

How WDC's Quick Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.