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<< Back to Financial Strength by Company within Cloud Computing & Data Analytics Industry
Cloud Computing & Data Analytics Industry Financial Strength Information
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Financial Strength Information & Trends |
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Industry: Cloud Computing & Data Analytics ▼
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Category:
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Period:
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Cloud Computing & Data Analytics ▼
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Cloud Computing & Data Analytics Industry |
2 Q |
1 Q |
4 Q |
3 Q |
2 Q |
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2024 |
2024 |
2023 |
2023 |
2023 |
Quick Ratio (TTM) |
0.36 |
0.36 |
0.39 |
0.36 |
0.38 |
Quick Ratio Ranking |
# 53 |
# 50 |
# 47 |
# 50 |
# 48 |
Working Capital Ratio (TTM) |
1.25 |
1.26 |
1.28 |
1.25 |
1.27 |
Working Capital Ratio Ranking |
# 58 |
# 56 |
# 55 |
# 58 |
# 62 |
Working Capital Per Revenue |
0.13 |
0.14 |
0.17 |
0.13 |
0.16 |
Working Capital Per Revenue Ranking |
# 62 |
# 64 |
# 71 |
# 63 |
# 67 |
Leverage Ratio (TTM) |
2.41 |
2.43 |
2.09 |
1.96 |
1.95 |
Leverage Ratio Ranking |
# 62 |
# 61 |
# 61 |
# 53 |
# 50 |
Total Debt to Equity (TTM) |
0.87 |
0.89 |
0.74 |
0.72 |
0.71 |
Total Debt to Equity Ranking |
# 58 |
# 60 |
# 59 |
# 51 |
# 46 |
Interest Coverage (TTM) |
8.16 |
6.57 |
6.63 |
7.8 |
6.42 |
Interest Coverage
Ranking |
# 64 |
# 58 |
# 62 |
# 54 |
# 65 |
Debt Coverage (TTM) |
0.37 |
0.33 |
0.29 |
0.33 |
0.23 |
Debt Coverage Ranking |
# 46 |
# 51 |
# 56 |
# 53 |
# 71 |
Quick Ratio Comment |
On the trailing twelve months basis Due to increase in Current Liabilities in the 2 Q 2024, Quick Ratio fell to 0.36 below Cloud Computing & Data Analytics Industry average.
Within Technology sector 9 other industries have achieved higher Quick Ratio. Quick Ratio total ranking fell in contrast to the previous quarter from 50 to 53. |
Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.
Quick Ratio Statistics as of 2 Q 2024 |
High |
Average |
Low |
1.82 |
0.69 |
0.31 |
1. quarter 2016 |
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3. quarter 2021 |
Quick Ratio Industry Ranking |
Within: |
No. |
Sector |
# 10 |
Overall |
# 53
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Cloud Computing & Data Analytics Industry Working Capital Ratio Statistics as of 2 Q 2024 |
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Working Capital Ratio Statistics as of 2 Q 2024 |
High |
Average |
Low |
1.88 |
1.49 |
1.21 |
1. quarter 2015 |
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3. quarter 2021 |
Working Capital Ratio Comment |
On the trailing twelve months basis Due to increase in Current Liabilities in the 2 Q 2024, Working Capital Ratio fell to 1.25 below Cloud Computing & Data Analytics Industry average.
Within Technology sector 8 other industries have achieved higher Working Capital Ratio. Working Capital Ratio total ranking has deteriorated relative to the previous quarter from 56 to 58.
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Working Capital Ratio Industry Ranking |
Within: |
No. |
Sector |
# 9 |
Overall |
# 58
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Cloud Computing & Data Analytics Industry Working Capital Per Revenue
Statistics as of 2 Q 2024 |
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Working Capital Per Revenue Comment |
On the trailing twelve months basis Cloud Computing & Data Analytics Industry's Working Capital Per Revenue sequentially decreased to 0.13 in the 2 Q 2024, a new Industry low.
Within Technology sector 2 other industries have achieved lower Working Capital Per Revenue. Working Capital Per Revenue total ranking has improved to 62, from total ranking in previous quarter at 64.
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Working Capital Per Revenue Statistics as of 2 Q 2024 |
High |
Average |
Low |
0.3 |
0.19 |
0.13 |
1. quarter 2015 |
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2. quarter 2024 |
Working Capital Per Revenue Industry Ranking |
Within: |
No. |
Sector |
# 3 |
Overall |
# 62
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Cloud Computing & Data Analytics Industry Leverage Ratio Statistics as of 2 Q 2024 |
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Leverage Ratio Statistics as of 2 Q 2024 |
High |
Average |
Low |
2.43 |
1.75 |
0.04 |
3. quarter 2018 |
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1. quarter 2016 |
Leverage Ratio Comment |
Due to repayements of liabilities of -0.19% Industry improved Liabilities to Equity ratio in 2 Q 2024 to 2.41, above Cloud Computing & Data Analytics Industry average.
Among other Industries in the Technology sector 8 other industries have achieved lower Leverage Ratio.
Leverage Ratio overall ranking has fallen relative to the prior quarter from 61 to 62.
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Leverage Ratio Industry Ranking |
Within: |
No. |
Sector |
# 9 |
Overall |
# 62
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Cloud Computing & Data Analytics Industry Total Debt to Equity Ratio Statistics as of 2 Q 2024 |
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Debt to Equity
Ratio Comment |
Due to debt repayement of -1.04% Industry improved Total Debt to Equity in 2 Q 2024 to 0.87, above Industry average.
Within Technology sector 8 other industries have achieved lower Debt to Equity Ratio. Debt to Equity Ratio total ranking has improved so far to 58, from total ranking in previous quarter at 60.
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Debt to Equity Ratio Statistics as of 2 Q 2024 |
High |
Average |
Low |
0.89 |
0.24 |
0.02 |
1. quarter 2024 |
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3. quarter 2015 |
Debt to Equity Industry Ranking |
Within: |
No. |
Sector |
# 9 |
Overall |
# 58
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Cloud Computing & Data Analytics Industry Interest Coverage Ratio Statistics as of 2 Q 2024 |
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Interest Coverage Ratio Statistics as of 2 Q 2024 |
High |
Average |
Low |
17.67 |
7.07 |
2.03 |
3. quarter 2014 |
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2. quarter 2020 |
Interest Coverage Ratio Comment |
On the trailing twelve months basis Cloud Computing & Data Analytics Industry's ebitda grew by 5.86 % in 2 Q 2024 sequentially, while interest expenses decreased, this led to improvement in Industry's Interest Coverage Ratio to 8.16 , above Cloud Computing & Data Analytics Industry average Interest Coverage Ratio.
In the Technology sector 9 other industries have accomplished higher Interest Coverage Ratio. Interest Coverage overall ranking fell in contrast to the prior period from 58 to 64.
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Interest Coverage Ratio Industry Ranking |
Within: |
No. |
Sector |
# 10 |
Overall |
# 64
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Cloud Computing & Data Analytics Industry Debt Coverage
Statistics as of 2 Q 2024 |
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Debt Coverage Ratio Comment |
On the trailing twelve months basis Cloud Computing & Data Analytics Industry's ebitda grew by 5.86 % in 2 Q 2024 sequentially, while total debt decreased, this led to improvement in Industry's Debt Coverage Ratio to 0.37 , Debt Coverage Ratio remained below Cloud Computing & Data Analytics Industry average.
Looking into Technology sector 6 other industries have achieved higher debt coverage ratio. Debt Coverage Ratio total ranking has improved to 46, from total ranking in previous quarter at 51.
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Debt Coverage Statistics as of 2 Q 2024 |
High |
Average |
Low |
5.76 |
2.1 |
0.21 |
3. quarter 2015 |
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1. quarter 2023 |
Debt Coverage Industry Ranking |
Within: |
No. |
Sector |
# 7 |
Overall |
# 46
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Date modified: 2024-09-08T22:45:56+00:00
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