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Lgl Group Inc  (LGL)
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Lgl Group Inc's Quick Ratio

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


Current Liabilities decreased faster than Lgl Group Inc's Cash & cash equivalent, this led to improvement in Lgl Group Inc's Quick Ratio to 85.93 a new company high.

Within Electronic Instruments & Controls industry Lgl Group Inc booked the highest Quick Ratio than Lgl Group Inc in the forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 20, from total ranking in the third quarter 2023 at 37.

Explain Quick Ratio?
How much Cash & cash equivalents LGLīs has?
What are LGLīs Current Liabilities?


LGL Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -19.25 % -88.09 % -85.41 % -82.72 % -86.74 %
Y / Y Cash & cash equivalent Change 6.93 % 3.65 % -2.8 % -13.67 % -15.69 %
Quick Ratio MRQ 85.93 66.77 80.2 49.4 64.89
LGL's Total Ranking # 20 # 37 # 39 # 64 # 60
Seq. Current Liabilities Change -22.42 % 21.47 % -35.26 % 32.37 % -88.56 %
Seq. Cash & cash equivalent Change -0.16 % 1.14 % 5.09 % 0.77 % -3.22 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Electronic Instruments & Controls Industry # 1
Technology Sector # 2
Overall Market # 20


Quick Ratio Statistics
High Average Low
85.93 12.04 1.09
(Dec 31 2023)   (Jun 30 2014)




Financial Statements
Lgl Group Inc's Current Liabilities $ 0 Millions Visit LGL's Balance sheet
Lgl Group Inc's Cash & cash equivalent $ 41 Millions Visit LGL's Balance sheet
Source of LGL's Sales Visit LGL's Sales by Geography


Cumulative Lgl Group Inc's Quick Ratio

LGL's Quick Ratio for the trailling 12 Months

LGL Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -19.25 % -88.09 % -85.41 % -82.72 % -86.74 %
Y / Y Cash & cash equivalent TTM Growth 6.93 % 3.65 % -2.8 % -13.67 % -15.69 %
Quick Ratio TTM 67.76 63.61 22.31 15.82 11.96
Total Ranking TTM # 1196 # 1737 # 1 # 2963 # 3412
Seq. Current Liabilities TTM Growth -22.42 % 21.47 % -35.26 % 32.37 % -88.56 %
Seq. Cash & cash equivalent TTM Growth -0.16 % 1.14 % 5.09 % 0.77 % -3.22 %


On the trailing twelve months basis LGL Cash & cash equivalent improved by 6.93 % in IV Quarter 2023 year on year, while Current Liabilities faded to $0 millions, this led to increase in in Lgl Group Inc's Quick Ratio to 67.76, above LGL average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Electronic Instruments & Controls industry 20 other companies have achieved higher Quick Ratio than Lgl Group Inc. While Quick Ratio overall ranking has improved so far to 1196, from total ranking during the twelve months ending third quarter 2023 at 1737.

Explain Quick Ratio?
How much Cash & cash equivalents LGLīs has?
What are LGLīs Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Electronic Instruments & Controls Industry # 21
Technology Sector # 277
Within the Market # 1196


trailing twelve months Quick Ratio Statistics
High Average Low
67.76 9.26 1.44
(Dec 31 2023)   (March 31, 2015)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Electronic Instruments & Controls Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Lgl Group Inc  85.93 $ 40.733  Millions$ 0.474  Millions

Date modified: 2024-04-03T11:51:37+00:00



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