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Adobe Inc   (ADBE)
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    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

Adobe Inc 's Quick Ratio

ADBE's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the first quarter 2024, Quick Ratio fell to 0.72 below Adobe Inc average.

Within Software & Programming industry Adobe Inc booked the highest Quick Ratio than Adobe Inc in the first quarter 2024. While Quick Ratio total ranking has improved so far during the I Quarter 2024 to 4, from total ranking in the forth quarter 2023 at 948.

Explain Quick Ratio?
How much Cash & cash equivalents ADBE´s has?
What are ADBE´s Current Liabilities?


ADBE Quick Ratio (Mar 01 2024)
I. Quarter
(Dec 01 2023)
IV. Quarter
(Sep 01 2023)
III. Quarter
(Jun 02 2023)
II. Quarter
(Mar 03 2023)
I. Quarter
Y / Y Current Liabilities Change 28.24 % 3.96 % 12.05 % 8.58 % 3.33 %
Y / Y Cash & cash equivalent Change 20.64 % 38.72 % 30.4 % 24.57 % 20.25 %
Quick Ratio MRQ 0.72 0.95 0.9 0.82 0.76
ADBE's Total Ranking # 4 # 948 # 1693 # 2654 # 6
Seq. Current Liabilities Change 15.59 % -1 % 3.93 % 7.83 % -6.3 %
Seq. Cash & cash equivalent Change -13.03 % 4.34 % 13.86 % 16.77 % 0 %



Quick Ratio first quarter 2024 Company Ranking
Within: No.
Software & Programming Industry # 1
Technology Sector # 2
Overall Market # 4


Quick Ratio Statistics
High Average Low
4.34 2.08 0.45
(May 30, 2009)   (May 31 2019)




Financial Statements
Adobe Inc 's Current Liabilities $ 9,537 Millions Visit ADBE's Balance sheet
Adobe Inc 's Cash & cash equivalent $ 6,820 Millions Visit ADBE's Balance sheet
Source of ADBE's Sales Visit ADBE's Sales by Geography


Cumulative Adobe Inc 's Quick Ratio

ADBE's Quick Ratio for the trailling 12 Months

ADBE Quick Ratio

(Mar 01 2024)
I. Quarter
(Dec 01 2023)
IV. Quarter
(Sep 01 2023)
III. Quarter
(Jun 02 2023)
II. Quarter
(Mar 03 2023)
I. Quarter
Y / Y Current Liabilities TTM Growth 28.24 % 3.96 % 12.05 % 8.58 % 3.33 %
Y / Y Cash & cash equivalent TTM Growth 20.64 % 38.72 % 30.4 % 24.57 % 20.25 %
Quick Ratio TTM 0.84 0.86 0.8 0.77 0.74
Total Ranking TTM # 4 # 889 # 1560 # 1738 # 1915
Seq. Current Liabilities TTM Growth 15.59 % -1 % 3.93 % 7.83 % -6.3 %
Seq. Cash & cash equivalent TTM Growth -13.03 % 4.34 % 13.86 % 16.77 % 0 %


On the trailing twelve months basis Due to increase in Current Liabilities in the I Quarter 2024 to $9,537.00 millions, cumulative Quick Ratio decreased to 0.84 below the Adobe Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Software & Programming industry ADBE achieved the highest Quick Ratio. While Quick Ratio overall ranking has improved so far to 9, from total ranking during the twelve months ending forth quarter 2023 at 492.

Explain Quick Ratio?
How much Cash & cash equivalents ADBE´s has?
What are ADBE´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Software & Programming Industry # 1
Technology Sector # 2
Within the Market # 4


trailing twelve months Quick Ratio Statistics
High Average Low
3.66 1.9 0.5
(Aug. 30, 2009)   (Nov 29 2019)




Companies with similar Quick Ratio in the quarter ending Mar 01 2024, within Software & Programming Industry Quick RatioMar 01 2024 MRQ Cash & cash equivalentMar 01 2024 MRQ Current Liabilities
Adobe Inc   0.72 $ 6,820.000  Millions$ 9,537.000  Millions

Date modified: 2024-03-27T23:55:28+00:00



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