Carbonite Inc Quick Ratio (CARB) starting from the third quarter 2019 to third quarter 2018, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Carbonite Inc   (NASDAQ: CARB)

Carbonite Inc 's Quick Ratio

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


Carbonite Inc 's Cash & cash equivalent grew by 18.18 % in the Q3 2019 sequentially, faster than Current Liabilities, this led to improvement in Carbonite Inc 's Quick Ratio to 0.4, Quick Ratio remained below Carbonite Inc average.

Within Cloud Computing & Data Analytics industry 77 other companies have achieved higher Quick Ratio than Carbonite Inc in third quarter 2019. While Quick Ratio total ranking in the third quarter 2019 has deteriorated compared to the prior quarter from 1947 to 2711.

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




CARB Quick Ratio (Sep 30 2019)
Q3
(Jun 30 2019)
Q2
(Mar 31 2019)
Q1
(Dec 31 2018)
Q4
(Sep 30 2018)
Q3
Y / Y Current Liabilities Change -8.84 % 53.25 % 150.09 % 10.38 % 100.23 %
Y / Y Cash & cash equivalent Change -50.97 % 17.46 % 255.73 % 54.48 % 68.29 %
Quick Ratio MRQ 0.4 0.35 0.67 1.42 0.75
CARB's Total Ranking # 2711 # 1947 # 1766 # 0 # 2098
Seq. Current Liabilities Change 2.05 % -37.03 % 171.36 % -47.72 % 71.56 %
Seq. Cash & cash equivalent Change 18.18 % -66.99 % 27.52 % -1.44 % 183.14 %



Quick Ratio third quarter 2019 Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 78
Technology Sector # 493
Overall Market # 2711


Quick Ratio Statistics
High Average Low
1.09 0.68 0.29
(Mar 31 2012)   (Mar 31 2017)




Financial Statements
Carbonite Inc 's Current Liabilities $ 244 Millions Visit CARB's Balance sheet
Carbonite Inc 's Cash & cash equivalent $ 99 Millions Visit CARB's Balance sheet
Source of CARB's Sales Visit CARB's Sales by Geography


Cumulative Carbonite Inc 's Quick Ratio

CARB's Quick Ratio for the trailling 12 Months

CARB Quick Ratio

(Sep 30 2019)
12 Months
(Jun 30 2019)
12 Months
(Mar 31 2019)
12 Months
(Dec 31 2018)
12 Months
(Sep 30 2018)
12 Months
Y / Y Current Liabilities TTM Growth 42.78 % 80.61 % 74.25 % 33.89 % 34.08 %
Y / Y Cash & cash equivalent TTM Growth 34.25 % 88.64 % 62.85 % 30.51 % 36.33 %
Quick Ratio TTM 0.63 0.72 0.77 0.76 0.67
Total Ranking TTM # 4847 # 4847 # 1373 # 0 # 1796
Seq. Current Liabilities TTM Growth -2.31 % 8.81 % 31.85 % 1.87 % 23.58 %
Seq. Cash & cash equivalent TTM Growth -13.94 % 1.72 % 33.56 % 14.83 % 20.93 %


On the trailing twelve months basis In spite of the year on year decrease in CARB's Current Liabilities to $243.60 millions, cumulative Quick Ratio to 0.63 below the CARB average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Cloud Computing & Data Analytics industry 111 other companies have achieved higher Quick Ratio than Carbonite Inc . While overall ranking is unchanged compared to the previous 12 months at no. 4847.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Cloud Computing & Data Analytics Industry # 112
Technology Sector # 637
Within the Market # 4847


trailing twelve months Quick Ratio Statistics
High Average Low
0.83 0.66 0.41
(March 31, 2014)   (Mar 31 2017)




Companies with similar Quick Ratio in the quarter ending Sep 30 2019, within Cloud Computing & Data Analytics Industry Quick RatioSep 30 2019 MRQ Cash & cash equivalentSep 30 2019 MRQ Current Liabilities
Castlight Health Inc   1.07 $ 56.017  Millions$ 52.111  Millions
Inovalon Holdings inc   1.06 $ 133.555  Millions$ 125.868  Millions
Open Text Corp  1.05 $ 999.298  Millions$ 951.853  Millions
Zendesk Inc   0.97 $ 434.738  Millions$ 449.964  Millions
Virtusa Corp  0.94 $ 198.280  Millions$ 211.933  Millions
Csp inc  0.90 $ 18.099  Millions$ 20.027  Millions
Evertec Inc   0.90 $ 115.934  Millions$ 128.337  Millions
Netscout Systems Inc   0.86 $ 300.193  Millions$ 350.559  Millions
Workday Inc   0.84 $ 2,104.596  Millions$ 2,491.389  Millions
Innodata inc   0.84 $ 13.188  Millions$ 15.636  Millions
Sykes Enterprises Incorporated  0.84 $ 142.572  Millions$ 169.837  Millions
Gty Technology Holdings inc   0.80 $ 14.615  Millions$ 18.376  Millions
Perion Network Ltd   0.78 $ 61.623  Millions$ 78.616  Millions
Agm Group Holdings Inc.  0.78 $ 2.077  Millions$ 2.663  Millions
Jack Henry and Associates Inc   0.77 $ 96.679  Millions$ 126.247  Millions
Verifyme Inc   0.75 $ 0.671  Millions$ 0.897  Millions
Veritone Inc   0.74 $ 49.188  Millions$ 66.159  Millions
Glu Mobile Inc  0.66 $ 102.445  Millions$ 154.730  Millions
Cerner Corporation  0.63 $ 632.696  Millions$ 1,001.596  Millions
Symbolic Logic Inc   0.61 $ 4.251  Millions$ 6.917  Millions
Marin Software Incorporated  0.60 $ 10.138  Millions$ 16.923  Millions
Ooma Inc   0.57 $ 27.474  Millions$ 48.136  Millions
Tsr Inc   0.56 $ 3.095  Millions$ 5.524  Millions
Far Point Acquisition Corp  0.56 $ 1.056  Millions$ 1.896  Millions
Formula Systems 1985 Ltd  0.55 $ 368.666  Millions$ 671.392  Millions
Dxc Technology Co  0.53 $ 2,880.000  Millions$ 5,402.000  Millions
Ebix Inc  0.52 $ 130.733  Millions$ 253.832  Millions
Godaddy Inc   0.51 $ 1,012.700  Millions$ 1,969.300  Millions
Ribbon Communications inc   0.50 $ 40.397  Millions$ 80.263  Millions
Unisys Corp  0.50 $ 425.400  Millions$ 852.900  Millions

Date modified: 2026-09-08T15:09:48+00:00



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