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Acacia Research Corporation  (ACTG)
Other Ticker:  
 
    Sector  Conglomerates    Industry Conglomerates
   Industry Conglomerates
   Sector  Conglomerates

Acacia Research's Quick Ratio

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


In the wake of the increase in Current Liabilities in the second quarter 2024, Quick Ratio fell to 8.89 below Acacia Research Corporation average.

Within Conglomerates industry only one company has achieved higher Quick Ratio in second quarter 2024. While Quick Ratio total ranking in the second quarter 2024 has deteriorated compared to the prior quarter from 115 to 156.

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


ACTG Quick Ratio (Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Current Liabilities Change -43.19 % -71.35 % -68.31 % -74.91 % -42.88 %
Y / Y Cash & cash equivalent Change 8.81 % 20.14 % 17.81 % 41.53 % 33.82 %
Quick Ratio MRQ 8.89 17.2 12.52 16.36 4.64
ACTG's Total Ranking # 156 # 115 # 100 # 168 # 705
Seq. Current Liabilities Change 71.03 % -6.48 % 28.94 % -72.45 % -13.75 %
Seq. Cash & cash equivalent Change -11.65 % 28.53 % -1.32 % -2.9 % -2.44 %



Quick Ratio second quarter 2024 Company Ranking
Within: No.
Conglomerates Industry # 2
Conglomerates Sector # 2
Overall Market # 156


Quick Ratio Statistics
High Average Low
48.5 11.05 1.05
(Dec 31 2011)   (Mar 31 2021)




Financial Statements
Acacia Research's Current Liabilities $ 44 Millions Visit ACTG's Balance sheet
Acacia Research's Cash & cash equivalent $ 393 Millions Visit ACTG's Balance sheet
Source of ACTG's Sales Visit ACTG's Sales by Geography


Cumulative Acacia Research's Quick Ratio

ACTG's Quick Ratio for the trailling 12 Months

ACTG Quick Ratio

(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Current Liabilities TTM Growth -43.19 % -71.35 % -68.31 % -74.91 % -42.88 %
Y / Y Cash & cash equivalent TTM Growth 8.81 % 20.14 % 17.81 % 41.53 % 33.82 %
Quick Ratio TTM 12.88 9.84 6.58 4.97 3.73
Total Ranking TTM # 2040 # 28 # 2725 # 93 # 3611
Seq. Current Liabilities TTM Growth 71.03 % -6.48 % 28.94 % -72.45 % -13.75 %
Seq. Cash & cash equivalent TTM Growth -11.65 % 28.53 % -1.32 % -2.9 % -2.44 %


On the trailing twelve months basis ACTG Cash & cash equivalent improved by 8.81 % in II Quarter 2024 year on year, while Current Liabilities soared to $44 millions, this led to increase in in Acacia Research's Quick Ratio to 12.88, above ACTG average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Conglomerates industry 14 other companies have achieved higher Quick Ratio than Acacia Research. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2024 from 28 to 2040.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Conglomerates Industry # 15
Conglomerates Sector # 15
Within the Market # 2040


trailing twelve months Quick Ratio Statistics
High Average Low
12.88 5.15 1.21
(Jun 30 2024)   (Dec 31 2021)




Companies with similar Quick Ratio in the quarter ending Jun 30 2024, within Conglomerates Industry Quick RatioJun 30 2024 MRQ Cash & cash equivalentJun 30 2024 MRQ Current Liabilities
Acacia Research Corporation  8.89 $ 392.804  Millions$ 44.204  Millions
Virnetx Holding Corp  6.69 $ 46.909  Millions$ 7.007  Millions
Dolby Laboratories Inc   2.45 $ 868.957  Millions$ 354.536  Millions

Date modified: 2024-09-13T06:16:28+00:00



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