XRAY Quick Ratio Analysis

The quick ratio, a liquidity measure excluding inventory, stands at 0.72x, meaning the company has $0.72 in highly liquid assets for every $1 of current liabilities.

This matches the sector median of 0.72x exactly, placing the firm at the 50th percentile among sector peers. Trend data is limited: the year-over-year change is not available, but the quarter-over-quarter change shows a +7.5% improvement from 0.67x to 0.72x. The combination of a ratio at the sector median and a recent quarterly increase suggests balanced liquidity risk, with no clear advantage or disadvantage versus peers. This supports the overall NEUTRAL verdict, as the liquidity position is neither unusually strong nor weak relative to the sector. The 50th percentile rank confirms that half of peers are more liquid and half are less liquid, reinforcing a neutral assessment.

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