Regardless of the sequential decrease in Current Liabilities, during the third quarter 2023, Quick Ratio deteriorated to 0.42 below Casa Systems Inc 's average Quick Ratio.

Within Consumer Electronics industry 32 other companies have achieved higher Quick Ratio than Casa Systems Inc in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 2294 to 3132.

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CASA Quick Ratio	(Sep 30 2023) Q3	(Jun 30 2023) Q2	(Mar 31 2023) Q1	(Dec 31 2022) Q4	(Sep 30 2022) Q3
Y / Y Current Liabilities Change	13.26 %	41.52 %	309.61 %	247.36 %	16.14 %
Y / Y Cash & cash equivalent Change	-75.23 %	-67.18 %	-33.27 %	-18.35 %	23.67 %
Quick Ratio MRQ	0.42	0.48	0.36	0.39	1.92
CASA's Total Ranking	# 3132	# 2294	# 2476	# 2966	# 1427
Seq. Current Liabilities Change	-15.3 %	-56.71 %	-3.66 %	220.6 %	5.83 %
Seq. Cash & cash equivalent Change	-25.43 %	-42.87 %	-10.94 %	-34.72 %	-1.19 %

Quick Ratio third quarter 2023 Company Ranking
Within:	No.
Consumer Electronics Industry	# 33
Technology Sector	# 552
Overall Market	# 3132

Quick Ratio Statistics
High	Average	Low
9.35	2.57	0.36
(Dec 31 2017)		(Mar 31 2023)

Financial Statements
Casa Systems Inc 's Current Liabilities	$ 114 Millions	Visit CASA's Balance sheet
Casa Systems Inc 's Cash & cash equivalent	$ 48 Millions	Visit CASA's Balance sheet
Source of CASA's Sales		Visit CASA's Sales by Geography

Cumulative Casa Systems Inc 's Quick Ratio

CASA's Quick Ratio for the trailling 12 Months

CASA Quick Ratio	(Sep 30 2023) 12 Months	(Jun 30 2023) 12 Months	(Mar 31 2023) 12 Months	(Dec 31 2022) 12 Months	(Sep 30 2022) 12 Months
Y / Y Current Liabilities TTM Growth	141.99 %	147.83 %	139.77 %	59.39 %	-11.4 %
Y / Y Cash & cash equivalent TTM Growth	-50.74 %	-26.5 %	-3.13 %	9.51 %	13.56 %
Quick Ratio TTM	0.4	0.57	0.75	1.15	1.95
Total Ranking TTM	# 4010	# 3984	# 3103	# 3895	# 1092
Seq. Current Liabilities TTM Growth	1.54 %	4.76 %	39.54 %	63.03 %	3.99 %
Seq. Cash & cash equivalent TTM Growth	-29.32 %	-20.95 %	-8.2 %	-3.98 %	5.48 %

Quick ratio ranking by company, industry and sector >> Back to CASA Financial Strength Comparisons >> Go to Compare CASA Quick Ratio to its Competitors

On the trailing twelve months basis Due to decline in Current Liabilities in the Q3 2023 to $114.43 millions, cumulative Quick Ratio decreased to 0.4 below the Casa Systems Inc average Quick Ratio.
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 Casa Systems Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 3984 to 4010.

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How much Cash & cash equivalents CASA�s has?
What are CASA�s Current Liabilities?

TTM Quick Ratio Company Ranking
Within:	No.
Within the Consumer Electronics Industry	# 49
Technology Sector	# 683
Within the Market	# 4010

trailing twelve months Quick Ratio Statistics
High	Average	Low
3.67	1.76	0.4
(Dec 31 2018)		(Sep 30 2023)

Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Consumer Electronics Industry	Quick Ratio	Sep 30 2023 MRQ Cash & cash equivalent	Sep 30 2023 MRQ Current Liabilities
Satellogic Inc	1.10	$ 23.476 Millions	$ 21.392 Millions
Airgain Inc	1.05	$ 9.989 Millions	$ 9.514 Millions
Audiocodes ltd	1.02	$ 38.196 Millions	$ 37.499 Millions
Eastman Kodak Company	0.95	$ 246.000 Millions	$ 258.000 Millions
Qualcomm Inc	0.95	$ 11,324.000 Millions	$ 11,924.000 Millions
Gilat Satellite Networks Ltd	0.83	$ 104.697 Millions	$ 126.584 Millions
Sonos Inc	0.82	$ 220.231 Millions	$ 267.507 Millions
Knowles Corporation	0.73	$ 75.100 Millions	$ 102.300 Millions
Vizio Holding Corp	0.72	$ 334.900 Millions	$ 466.100 Millions
Ondas Inc	0.59	$ 20.972 Millions	$ 35.555 Millions
Adtran Holdings Inc	0.43	$ 116.092 Millions	$ 272.261 Millions
Casa Systems Inc	0.42	$ 47.925 Millions	$ 114.432 Millions
Cambium Networks Corp	0.35	$ 27.529 Millions	$ 79.581 Millions
Infinera Corp	0.32	$ 125.652 Millions	$ 388.472 Millions
Ericsson Lm Telephone Co	0.32	$ 4,470.388 Millions	$ 13,910.393 Millions
Aviat Networks Inc	0.32	$ 35.465 Millions	$ 110.752 Millions
Ubiquiti Inc	0.31	$ 108.568 Millions	$ 347.764 Millions
Dna X Inc	0.30	$ 10.106 Millions	$ 33.907 Millions
Harmonic Inc	0.30	$ 81.927 Millions	$ 275.219 Millions
Integrated Media Technology Ltd	0.28	$ 0.676 Millions	$ 2.388 Millions
Motorola Solutions inc	0.27	$ 910.000 Millions	$ 3,390.000 Millions
Satixfy Communications Ltd	0.23	$ 13.979 Millions	$ 59.792 Millions
Ceragon Networks Ltd	0.21	$ 28.237 Millions	$ 132.953 Millions
Fg Group Holdings Inc	0.19	$ 3.472 Millions	$ 18.737 Millions
Bk Technologies Corp	0.18	$ 4.066 Millions	$ 22.873 Millions
Strong Global Entertainment Inc	0.18	$ 3.110 Millions	$ 17.530 Millions
Algorhythm Holdings Inc	0.17	$ 3.213 Millions	$ 19.065 Millions
Silynxcom Ltd	0.15	$ 0.568 Millions	$ 3.856 Millions
Kustom Entertainment Inc	0.09	$ 2.208 Millions	$ 24.147 Millions

Date modified: 2026-09-26T07:33:43+00:00

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