Benefitfocus Inc Quick Ratio (BNFT) starting from the third quarter 2022 to third quarter 2021, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Benefitfocus Inc   (NASDAQ: BNFT)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology

Benefitfocus Inc 's Quick Ratio

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


Benefitfocus Inc 's Cash & cash equivalent grew by 7.04 % in the Q3 2022 sequentially, faster than Current Liabilities, this led to improvement in Benefitfocus Inc 's Quick Ratio to 0.78, Quick Ratio remained below Benefitfocus Inc average.

Within Software & Programming industry 151 other companies have achieved higher Quick Ratio than Benefitfocus Inc in third quarter 2022. While Quick Ratio total ranking in the third quarter 2022 has deteriorated compared to the prior quarter from 2295 to 2580.

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




BNFT Quick Ratio (Sep 30 2022)
Q3
(Jun 30 2022)
Q2
(Mar 31 2022)
Q1
(Dec 31 2021)
Q4
(Sep 30 2021)
Q3
Y / Y Current Liabilities Change 7.32 % 11.82 % 8.89 % 17.86 % 8.8 %
Y / Y Cash & cash equivalent Change -41.66 % -73.34 % - -63.37 % -46.33 %
Quick Ratio MRQ 0.78 0.75 - 0.94 1.43
BNFT's Total Ranking # 2580 # 2295 # 0 # 1048 # 754
Seq. Current Liabilities Change 3.59 % 3.75 % -8.47 % 9.09 % 7.94 %
Seq. Cash & cash equivalent Change 7.04 % - - -27.98 % -51.09 %



Quick Ratio third quarter 2022 Company Ranking
Within: No.
Software & Programming Industry # 152
Technology Sector # 406
Overall Market # 2580


Quick Ratio Statistics
High Average Low
3.15 1.46 0.5
(Jun 30 2021)   (Sep 30 2018)




Financial Statements
Benefitfocus Inc 's Current Liabilities $ 71 Millions Visit BNFT's Balance sheet
Benefitfocus Inc 's Cash & cash equivalent $ 55 Millions Visit BNFT's Balance sheet
Source of BNFT's Sales Visit BNFT's Sales by Geography


Cumulative Benefitfocus Inc 's Quick Ratio

BNFT's Quick Ratio for the trailling 12 Months

BNFT Quick Ratio

(Sep 30 2022)
12 Months
(Jun 30 2022)
12 Months
(Mar 31 2022)
12 Months
(Dec 31 2021)
12 Months
(Sep 30 2021)
12 Months
Y / Y Current Liabilities TTM Growth 11.39 % 11.85 % 8.66 % 3.61 % -6.1 %
Y / Y Cash & cash equivalent TTM Growth -73.63 % -71.23 % -51.55 % -17.49 % 9.43 %
Quick Ratio TTM 0.63 0.78 1.34 2.09 2.65
Total Ranking TTM # 4625 # 4617 # 4559 # 4480 # 4429
Seq. Current Liabilities TTM Growth 1.77 % 2.73 % 2.07 % 4.39 % 2.19 %
Seq. Cash & cash equivalent TTM Growth -18.39 % -39.83 % -34.68 % -17.78 % -10.96 %


On the trailing twelve months basis Due to rise in Current Liabilities in the Q3 2022 to $71.06 millions, cumulative Quick Ratio decreased to 0.63 below the Benefitfocus Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Software & Programming industry 243 other companies have achieved higher Quick Ratio than Benefitfocus Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2022 from 4617 to 4625.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Software & Programming Industry # 244
Technology Sector # 730
Within the Market # 4625


trailing twelve months Quick Ratio Statistics
High Average Low
3.05 1.41 0.56
(Jun 30 2021)   (Sep 30 2018)




Companies with similar Quick Ratio in the quarter ending Sep 30 2022, within Software & Programming Industry Quick RatioSep 30 2022 MRQ Cash & cash equivalentSep 30 2022 MRQ Current Liabilities
Cyberark Software Ltd   2.11 $ 954.282  Millions$ 452.472  Millions
Arqit Quantum inc   2.06 $ 48.966  Millions$ 23.809  Millions
My Size Inc   2.06 $ 4.388  Millions$ 2.135  Millions
N able Inc   2.05 $ 87.729  Millions$ 42.705  Millions
Amplitude Inc   2.00 $ 247.248  Millions$ 123.524  Millions
Pagerduty Inc   1.94 $ 459.437  Millions$ 237.349  Millions
Hubspot Inc   1.92 $ 1,284.356  Millions$ 668.209  Millions
Channeladvisor Corporation  1.91 $ 88.115  Millions$ 46.048  Millions
Avepoint Inc   1.84 $ 219.784  Millions$ 119.185  Millions
Microsoft Corporation  1.83 $ 84,378.000  Millions$ 46,049.000  Millions
Alteryx Inc   1.82 $ 379.907  Millions$ 208.459  Millions
Intellicheck Inc   1.82 $ 11.775  Millions$ 6.475  Millions
Global e Online Ltd   1.78 $ 228.199  Millions$ 128.210  Millions
Zuora Inc  1.75 $ 400.602  Millions$ 228.398  Millions
Sentinelone Inc  1.73 $ 701.284  Millions$ 404.835  Millions
Manhattan Associates Inc   1.72 $ 197.055  Millions$ 114.580  Millions
Cadence Design Systems Inc   1.70 $ 1,026.051  Millions$ 604.688  Millions
Expensify Inc   1.68 $ 106.212  Millions$ 63.161  Millions
Cerence Inc   1.66 $ 115.164  Millions$ 69.300  Millions
Liveperson Inc   1.66 $ 393.330  Millions$ 236.836  Millions
Seachange International Inc  1.64 $ 14.498  Millions$ 8.861  Millions
Skkynet Cloud Systems Inc   1.60 $ 0.730  Millions$ 0.455  Millions
Weave Communications Inc   1.58 $ 118.358  Millions$ 74.760  Millions
Smith Micro Software Inc   1.49 $ 19.001  Millions$ 12.765  Millions
Sprinklr Inc   1.48 $ 544.114  Millions$ 368.497  Millions
Blackberry Limited  1.47 $ 997.000  Millions$ 680.000  Millions
Elastic N v   1.46 $ 856.237  Millions$ 586.972  Millions
Sprout Social Inc   1.44 $ 172.108  Millions$ 119.456  Millions
Backblaze Inc   1.43 $ 77.439  Millions$ 54.221  Millions
Evercommerce Inc   1.42 $ 91.473  Millions$ 64.409  Millions

Date modified: 2026-09-12T06:14:35+00:00



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