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Airgain Inc   (AIRG)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology

Airgain Inc 's Quick Ratio

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


Airgain Inc 's Cash & cash equivalent grew by 7.76 % in the III Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Airgain Inc 's Quick Ratio to 1.05, Quick Ratio remained below Airgain Inc average.

Within Consumer Electronics industry 10 other companies have achieved higher Quick Ratio than Airgain Inc in third quarter 2023. While Quick Ratio total ranking has improved so far during the III Quarter 2023 to 1121, from total ranking in the second quarter 2023 at 1973.

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


AIRG Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change -33.78 % -23.93 % -51.23 % -35.13 % -24.55 %
Y / Y Cash & cash equivalent Change 8.69 % -1.88 % -47.26 % -17.97 % -51.51 %
Quick Ratio MRQ 1.05 0.83 0.92 0.92 0.64
AIRG's Total Ranking # 1121 # 1973 # 1907 # 1629 # 1631
Seq. Current Liabilities Change -15.11 % 5.13 % -17.36 % -10.21 % -2.48 %
Seq. Cash & cash equivalent Change 7.76 % -5.78 % -17.34 % 29.52 % -2.73 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Consumer Electronics Industry # 11
Technology Sector # 180
Overall Market # 1121


Quick Ratio Statistics
High Average Low
7.88 3.37 0.64
(Jun 30 2020)   (Sep 30 2022)




Financial Statements
Airgain Inc 's Current Liabilities $ 10 Millions Visit AIRG's Balance sheet
Airgain Inc 's Cash & cash equivalent $ 10 Millions Visit AIRG's Balance sheet
Source of AIRG's Sales Visit AIRG's Sales by Geography


Cumulative Airgain Inc 's Quick Ratio

AIRG's Quick Ratio for the trailling 12 Months

AIRG Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -33.78 % -23.93 % -51.23 % -35.13 % -24.55 %
Y / Y Cash & cash equivalent TTM Growth 8.69 % -1.88 % -47.26 % -17.97 % -51.51 %
Quick Ratio TTM 0.93 0.82 0.77 0.77 0.73
Total Ranking TTM # 1454 # 1681 # 1893 # 2273 # 2314
Seq. Current Liabilities TTM Growth -15.11 % 5.13 % -17.36 % -10.21 % -2.48 %
Seq. Cash & cash equivalent TTM Growth 7.76 % -5.78 % -17.34 % 29.52 % -2.73 %


On the trailing twelve months basis AIRG Cash & cash equivalent improved by 8.69 % in III Quarter 2023 year on year, while Current Liabilities faded to $10 millions, this led to increase in in Airgain Inc 's Quick Ratio to 0.93, Quick Ratio remained below AIRG average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Consumer Electronics industry 48 other companies have achieved higher Quick Ratio than Airgain Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 2312 to 3723.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Consumer Electronics Industry # 49
Technology Sector # 645
Within the Market # 1121


trailing twelve months Quick Ratio Statistics
High Average Low
6.49 3.3 0.73
(Dec 31 2020)   (Sep 30 2022)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Consumer Electronics Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Kvh Industries Inc   2.69 $ 69.194  Millions$ 25.713  Millions
Pctel Inc   2.69 $ 33.316  Millions$ 12.401  Millions
Planet Labs Pbc  2.46 $ 322.774  Millions$ 131.138  Millions
Moving Image Technologies inc   1.71 $ 6.408  Millions$ 3.755  Millions
Akoustis Technologies Inc   1.62 $ 25.787  Millions$ 15.896  Millions
Fabrinet  1.47 $ 670.766  Millions$ 455.433  Millions
Parkervision Inc  1.31 $ 3.333  Millions$ 2.552  Millions
Ciena Corp  1.20 $ 1,115.371  Millions$ 932.021  Millions
Qualcomm Inc  1.18 $ 11,324.000  Millions$ 9,628.000  Millions
Airgain Inc   1.05 $ 9.989  Millions$ 9.514  Millions
Genasys Inc   0.99 $ 10.146  Millions$ 10.251  Millions
Netgear Inc   0.97 $ 228.045  Millions$ 234.792  Millions
Eastman Kodak Co  0.95 $ 246.000  Millions$ 258.000  Millions
Gopro Inc   0.86 $ 259.472  Millions$ 300.803  Millions
Arlo Technologies Inc   0.75 $ 126.049  Millions$ 168.478  Millions
Knowles Corporation  0.73 $ 75.100  Millions$ 102.300  Millions
Vizio Holding Corp   0.72 $ 334.900  Millions$ 466.100  Millions
Sonos Inc   0.62 $ 220.231  Millions$ 354.218  Millions
Ondas Holdings Inc   0.59 $ 20.972  Millions$ 35.555  Millions
Calamp Corp   0.54 $ 38.562  Millions$ 71.003  Millions
Casa Systems Inc   0.42 $ 47.925  Millions$ 114.432  Millions
Adtran Holdings Inc   0.41 $ 116.092  Millions$ 285.292  Millions
Cambium Networks Corp  0.39 $ 27.529  Millions$ 70.033  Millions
Commscope Holding Company Inc   0.34 $ 518.900  Millions$ 1,546.500  Millions
Ericsson Lm Telephone Co  0.32 $ 4,470.388  Millions$ 13,910.393  Millions
Ubiquiti Inc   0.32 $ 108.568  Millions$ 338.115  Millions
Harmonic Inc   0.30 $ 81.927  Millions$ 275.219  Millions
Aviat Networks Inc   0.27 $ 35.465  Millions$ 129.213  Millions
Motorola Solutions inc   0.27 $ 910.000  Millions$ 3,390.000  Millions
Pineapple Energy Inc   0.25 $ 5.593  Millions$ 22.170  Millions

Date modified: 2023-11-12T10:39:46+00:00



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