WITNEUTRAL

WIT Quick Ratio Analysis

0.54x

Updated 131h ago·SEC filings & market data

Key Takeaway

A quick ratio of 0.54x means the company has only $0.54 in cash and other highly liquid assets for every $1 of short-term liabilities, indicating potential difficulty covering immediate obligations.

Sector Performance

34th percentile

WIT

0.54x

Sector Median

0.72x

Sector Avg

2.71x

Prior Period

0.60x(Jul 2026)

↓ Declining

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Deep Analysis

A quick ratio of 0.54x means the company has only $0.54 in cash and other highly liquid assets for every $1 of short-term liabilities, indicating potential difficulty covering immediate obligations.

This sits below the sector median of 0.72x, placing WIT in the 34th percentile among its peers. The metric has been decreasing over the last eight quarters, with a quarter-over-quarter decline of -10.0%; a year-over-year change is not available. A low quick ratio combined with a consistent downward trend suggests increasing liquidity risk that could amplify financial stress if revenue or cash flow deteriorates. This finding does not directly contradict the overall NEUTRAL verdict, as the low liquidity is a negative factor but may be offset by other strengths or sector norms that keep the stock rating balanced.

Frequently Asked Questions

What does the Quick Ratio tell investors about WIT?

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 WIT's closest peers by Quick Ratio?

The closest peers by Quick Ratio include: MELI (0.11x), LOW (0.10x), DRI (0.09x), NCLH (0.08x), PAYC (0.08x).

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Learn More About Quick Ratio

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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.