Quick Ratio

A quick ratio of 1.10x means Wix has $1.10 in cash, marketable securities, and accounts receivable for every $1.00 of short-term liabilities due within a year, indicating it can barely cover immediate obligations.

This sits below the technology sector median of 1.33x and places Wix in the 37th percentile of its peers, meaning most rivals hold a larger liquidity cushion. The metric has been stable over the last 8 quarters, but the quarter-over-quarter change shows a steep decline of -33.3% from 1.65x to 1.10x; year-over-year data is not available. Although the stable long-term trend suggests no persistent deterioration, the combination of a low absolute ratio and a sharp quarterly drop points to elevated short-term liquidity risk if revenues or collections slow. This metric alone does not contradict the overall NEUTRAL verdict, as the quick ratio is neither so high as to signal excess cash nor so low as to trigger immediate distress, aligning with a balanced view.

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