Quick Ratio
Updated 78h ago
Sector Performance
24th percentileXEL
0.41x
Sector Median
0.72x
Sector Avg
3.05x
Deep Analysis
The quick ratio measures a company’s ability to pay short-term debts using its most liquid assets, with a value below 1.0x indicating potential liquidity pressure.
XEL’s current quick ratio of 0.41x is well below the sector median of 0.71x and places the stock in the 24th percentile among sector peers, meaning most competitors have stronger short-term liquidity. Trend data is not available: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and no historical values beyond the current reading exist. The combination of a low quick ratio (0.41x) with no observable trend makes it impossible to assess direction, but the single data point highlights a liquidity risk relative to peers. This metric contradicts the overall NEUTRAL verdict because a quick ratio far below the sector median typically signals a financial weakness that leans negative, yet the lack of trend data prevents a stronger downgrade.
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: 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.
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0.41x
Sector Median
0.72x
Sector Avg
3.05x
How XEL's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.