Name: Quick Ratio

Definition: The quick ratio is like an emergency response measure: can the company pay off short-term debts without selling any inventory? It only counts cash, short-term investments, and receivables — assets that can quickly be turned into cash. A healthy quick ratio shows strong liquidity. A very low quick ratio means the company depends on selling inventory to meet short-term obligations — which can be risky if sales unexpectedly slow down.

Interpretation:
• In '2021', MTZ's quick ratio was 1.46, providing a stringent test of short-term liquidity. Industry average for Water Sewer Pipeline Comm & Power Line Construction in '2021' stood at 1.44.
• In '2022', MTZ's quick ratio was 1.40, providing a stringent test of short-term liquidity. The decline from '2021' may indicate some operational or financial challenges. Industry average for Water Sewer Pipeline Comm & Power Line Construction in '2022' stood at 1.50. Industry average increased by 0.06 compared to previous year.
• In '2023', MTZ's quick ratio was 1.29, providing a stringent test of short-term liquidity. The decline from '2022' may indicate some operational or financial challenges. Industry average for Water Sewer Pipeline Comm & Power Line Construction in '2023' stood at 1.43. Industry average declined by 0.07 from previous year.
• In '2024', MTZ's quick ratio was 1.11, providing a stringent test of short-term liquidity. The decline from '2023' may indicate some operational or financial challenges. Industry average for Water Sewer Pipeline Comm & Power Line Construction in '2024' stood at 1.45. Industry average increased by 0.02 compared to previous year.
Overall, MTZ's quick ratio has consistently declined during the past 4 years.

Formula: Quick Ratio = (Current Assets - Inventory) / Current Liabilities

Good Range: Normally between 0.8 and 1.5.