XEL Quick Ratio Analysis
Updated 57h ago·SEC filings & market data
Key Takeaway
A quick ratio of 0.38x means XEL has only $0.38 of liquid assets (like cash and receivables) for every $1 of short-term liabilities due within a year, indicating tight near-term liquidity.
Sector Performance
20th percentileXEL
0.38x
Sector Median
0.72x
Sector Avg
2.70x
Prior Period
0.41x(Jul 2026)
Deep Analysis
A quick ratio of 0.38x means XEL has only $0.38 of liquid assets (like cash and receivables) for every $1 of short-term liabilities due within a year, indicating tight near-term liquidity.
This is well below the sector median of 0.72x, placing the company in the 20th percentile among peers, so most comparable firms hold a larger cash buffer. The trend direction over the last 8 quarters is N/A, and the year-over-year change is also N/A, but quarter-over-quarter the ratio fell by 7.3%, from 0.41x to 0.38x. The low level combined with a declining quarterly trend suggests rising short-term strain, though the lack of YoY data prevents a longer-term assessment. For investors, this metric flags potential difficulty covering immediate obligations without selling assets or raising capital, adding risk to the stock. This weakness does not support a bullish case, but it is just one of many factors that contribute to the overall NEUTRAL verdict, so the metric aligns with holding a cautious, balanced stance rather than a strong buy or sell.
Frequently Asked Questions
What does the Quick Ratio tell investors about XEL?
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 XEL's closest peers by Quick Ratio?
The closest peers by Quick Ratio include: OMC (0.67x), KO (0.66x), SIEGY (0.64x), TAP (0.60x), LW (0.60x).
Learn More About Quick Ratio
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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0.38x
Sector Median
0.72x
Sector Avg
2.70x
How XEL's Quick Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.