Aspen Technology Inc Quick Ratio (AZPN) starting from the second quarter 2024 to second quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Aspen Technology inc   (NASDAQ: AZPN)

Aspen Technology Inc 's Quick Ratio

AZPN'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 0.71 below Aspen Technology Inc average.

Within Cloud Computing & Data Analytics industry 10 other companies have achieved higher Quick Ratio than Aspen Technology Inc in second quarter 2024. While Quick Ratio total ranking has improved so far during the Q2 2024 to 278, from total ranking in the first quarter 2024 at 1867.

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




AZPN Quick Ratio (Dec 31 2024)
Q2
(Sep 30 2024)
Q1
(Jun 30 2024)
Q4
(Mar 31 2024)
Q3
(Dec 31 2023)
Q2
Y / Y Current Liabilities Change 217.89 % -11.84 % -6.14 % 8.8 % -85.96 %
Y / Y Cash & cash equivalent Change - 83.42 % -1.76 % -38.06 % -
Quick Ratio MRQ 0.71 0.87 0.7 0.54 -
AZPN's Total Ranking # 278 # 1867 # 1283 # 2373 # 0
Seq. Current Liabilities Change 0.9 % -24.24 % 2.58 % 305.36 % -72.02 %
Seq. Cash & cash equivalent Change -17.77 % -6.7 % 33.44 % - -



Quick Ratio second quarter 2024 Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 11
Technology Sector # 68
Overall Market # 278


Quick Ratio Statistics
High Average Low
2.82 0.83 0.14
(Jun 30 2021)   (Sep 30 2017)




Financial Statements
Aspen Technology Inc 's Current Liabilities $ 258 Millions Visit AZPN's Balance sheet
Aspen Technology Inc 's Cash & cash equivalent $ 182 Millions Visit AZPN's Balance sheet
Source of AZPN's Sales Visit AZPN's Sales by Geography


Cumulative Aspen Technology Inc 's Quick Ratio

AZPN's Quick Ratio for the trailling 12 Months

AZPN Quick Ratio

(Dec 31 2024)
12 Months
(Sep 30 2024)
12 Months
(Jun 30 2024)
12 Months
(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
Y / Y Current Liabilities TTM Growth 14.24 % -34.42 % -31.75 % -28.28 % -22.84 %
Y / Y Cash & cash equivalent TTM Growth 26.06 % -41.93 % -60.55 % -65.54 % -58.52 %
Quick Ratio TTM 0.69 0.63 0.52 0.51 0.63
Total Ranking TTM # 4079 # 1182 # 0 # 1157 # 0
Seq. Current Liabilities TTM Growth 17.62 % -3.31 % -2.08 % 2.58 % -32.47 %
Seq. Cash & cash equivalent TTM Growth 28.6 % 18.79 % -0.79 % -16.83 % -40.75 %


On the trailing twelve months basis AZPN Cash & cash equivalent fell by -17.77 % in Q2 2024 year on year, faster than Current Liabilities, this led to increase in in Aspen Technology Inc 's Quick Ratio to 0.69, Quick Ratio remained below AZPN average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Cloud Computing & Data Analytics industry 133 other companies have achieved higher Quick Ratio than Aspen Technology Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2024 from 1182 to 4079.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Cloud Computing & Data Analytics Industry # 134
Technology Sector # 736
Within the Market # 4079


trailing twelve months Quick Ratio Statistics
High Average Low
2.05 0.76 0.17
(Sep 30 2021)   (Sep 30 2018)




Companies with similar Quick Ratio in the quarter ending Dec 31 2024, within Cloud Computing & Data Analytics Industry Quick RatioDec 31 2024 MRQ Cash & cash equivalentDec 31 2024 MRQ Current Liabilities
Liveramp Holdings Inc   1.70 $ 368.912  Millions$ 216.576  Millions
Csp inc  1.64 $ 30.585  Millions$ 18.682  Millions
Epam Systems Inc   1.57 $ 1,287.957  Millions$ 821.039  Millions
Five9 Inc   1.57 $ 1,005.956  Millions$ 641.691  Millions
Cslm Acquisition Corp  1.49 $ 16.136  Millions$ 10.820  Millions
Workday Inc   1.45 $ 8,017.000  Millions$ 5,548.000  Millions
Perion Network Ltd   1.33 $ 222.546  Millions$ 166.945  Millions
Taskus Inc   1.26 $ 192.166  Millions$ 152.025  Millions
Waystar Holding Corp   1.25 $ 182.133  Millions$ 145.633  Millions
Innodata inc   1.19 $ 46.897  Millions$ 39.506  Millions
Mf International Limited  1.15 $ 2.531  Millions$ 2.194  Millions
Kodiak Ai Inc   1.13 $ 16.709  Millions$ 14.735  Millions
Saverone 2014 Ltd  1.12 $ 3.640  Millions$ 3.247  Millions
Netscout Systems Inc   1.07 $ 423.133  Millions$ 395.082  Millions
Evertec Inc   1.07 $ 298.239  Millions$ 279.660  Millions
Sidechannel Inc   1.04 $ 1.295  Millions$ 1.247  Millions
Nerdwallet Inc   1.02 $ 66.300  Millions$ 64.900  Millions
Fusemachines Inc   1.02 $ 16.553  Millions$ 16.242  Millions
Playtika Holding Corp   1.01 $ 565.800  Millions$ 558.900  Millions
Bilibili Inc   0.99 $ 1,781.804  Millions$ 1,803.367  Millions
Heartcore Enterprises Inc   0.98 $ 6.778  Millions$ 6.894  Millions
Techcreate Group Ltd   0.98 $ 0.922  Millions$ 0.944  Millions
Gloo Holdings Inc   0.90 $ 13.592  Millions$ 15.053  Millions
Pros Holdings Inc   0.90 $ 161.983  Millions$ 180.768  Millions
Ibex Limited  0.88 $ 62.720  Millions$ 70.996  Millions
Liberty Tripadvisor Holdings inc   0.88 $ 1,075.000  Millions$ 1,227.000  Millions
Simulations Plus Inc   0.85 $ 10.311  Millions$ 12.069  Millions
Synchronoss Technologies Inc  0.85 $ 33.375  Millions$ 39.461  Millions
So young International Inc   0.83 $ 89.613  Millions$ 107.410  Millions
Verint Systems Inc  0.82 $ 217.051  Millions$ 263.644  Millions

Date modified: 2026-09-08T15:22:14+00:00



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