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Digi International Inc   (DGII)
Other Ticker:  
 
    Sector  Technology    Industry Computer Networks
   Industry Computer Networks
   Sector  Technology

Digi International Inc 's Quick Ratio

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


Current Liabilities decreased faster than Digi International Inc 's Cash & cash equivalent, this led to improvement in Digi International Inc 's Quick Ratio to 0.45, Quick Ratio remained below Digi International Inc average.

Within Computer Networks industry Digi International Inc booked the highest Quick Ratio than Digi International Inc in the first quarter 2023. While Quick Ratio total ranking has improved so far during the I Quarter 2023 to 137, from total ranking in the forth quarter 2023 at 2255.

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


DGII Quick Ratio (Dec 31 2023)
I. Quarter
(Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
I. Quarter
Y / Y Current Liabilities Change -22.22 % -9.09 % -1.06 % 5.62 % 53.65 %
Y / Y Cash & cash equivalent Change 1.94 % -23.66 % -28.53 % -32.91 % -79.7 %
Quick Ratio MRQ 0.45 0.37 0.33 0.38 0.34
DGII's Total Ranking # 137 # 2255 # 2784 # 2532 # 160
Seq. Current Liabilities Change -18.07 % -3.42 % 6.27 % -7.5 % -4.24 %
Seq. Cash & cash equivalent Change -0.46 % 7.14 % -6.57 % 2.3 % -25.45 %



Quick Ratio first quarter 2023 Company Ranking
Within: No.
Computer Networks Industry # 1
Technology Sector # 47
Overall Market # 137


Quick Ratio Statistics
High Average Low
7.48 3.13 0.33
(Dec 31 2016)   (Jun 30 2023)




Financial Statements
Digi International Inc 's Current Liabilities $ 70 Millions Visit DGII's Balance sheet
Digi International Inc 's Cash & cash equivalent $ 32 Millions Visit DGII's Balance sheet
Source of DGII's Sales Visit DGII's Sales by Geography


Cumulative Digi International Inc 's Quick Ratio

DGII's Quick Ratio for the trailling 12 Months

DGII Quick Ratio

(Dec 31 2023)
I. Quarter
(Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
I. Quarter
Y / Y Current Liabilities TTM Growth -22.22 % -9.09 % -1.06 % 5.62 % 53.65 %
Y / Y Cash & cash equivalent TTM Growth 1.94 % -23.66 % -28.53 % -32.91 % -79.7 %
Quick Ratio TTM 0.38 0.35 0.37 0.41 0.45
Total Ranking TTM # 1357 # 2239 # 2375 # 4020 # 118
Seq. Current Liabilities TTM Growth -18.07 % -3.42 % 6.27 % -7.5 % -4.24 %
Seq. Cash & cash equivalent TTM Growth -0.46 % 7.14 % -6.57 % 2.3 % -25.45 %


On the trailing twelve months basis DGII Cash & cash equivalent improved by 1.94 % in I Quarter 2023 year on year, while Current Liabilities faded to $70 millions, this led to increase in in Digi International Inc 's Quick Ratio to 0.38, Quick Ratio remained below DGII average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Computer Networks industry 6 other companies have achieved higher Quick Ratio than Digi International Inc . While Quick Ratio overall ranking has improved so far to 1357, from total ranking during the twelve months ending forth quarter 2023 at 2239.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Computer Networks Industry # 7
Technology Sector # 275
Within the Market # 1357


trailing twelve months Quick Ratio Statistics
High Average Low
5.8 2.36 0.35
(Sep 30 2017)   (Sep 30 2023)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Computer Networks Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Lantronix Inc   0.46 $ 22.146  Millions$ 47.989  Millions
Digi International Inc   0.45 $ 31.548  Millions$ 70.445  Millions

Date modified: 2024-02-02T18:59:03+00:00



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