Charge Enterprises Inc Quick Ratio (CRGE) starting from the third quarter 2023 to third quarter 2022, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Charge Enterprises Inc   (NASDAQ: CRGE)
    Sector • Services    Industry • Communications Services
   Industry • Communications Services
   Sector • Services

Charge Enterprises Inc 's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the third quarter 2023, Quick Ratio deteriorated to 0.42 above company average Quick Ratio.

Within Communications Services industry 21 other companies have achieved higher Quick Ratio than Charge Enterprises Inc in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 2520 to 2877.

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




CRGE 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 15.66 % -6.12 % 24.03 % 41.15 % 52.64 %
Y / Y Cash & cash equivalent Change 793.53 % -1.86 % -14.09 % 20.59 % -56.96 %
Quick Ratio MRQ 0.42 0.42 0.33 0.27 0.05
CRGE's Total Ranking # 2877 # 2520 # 2564 # 0 # 4390
Seq. Current Liabilities Change -9.06 % 12.84 % 7.47 % 4.87 % -26.19 %
Seq. Cash & cash equivalent Change -7.31 % 43.44 % 28.12 % 424.53 % -89.82 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Communications Services Industry # 22
Services Sector # 327
Overall Market # 2877


Quick Ratio Statistics
High Average Low
0.47 0.35 0.05
(Mar 31 2022)   (Sep 30 2022)




Financial Statements
Charge Enterprises Inc 's Current Liabilities $ 135 Millions Visit CRGE's Balance sheet
Charge Enterprises Inc 's Cash & cash equivalent $ 57 Millions Visit CRGE's Balance sheet
Source of CRGE's Sales Visit CRGE's Sales by Geography


Cumulative Charge Enterprises Inc 's Quick Ratio

CRGE's Quick Ratio for the trailling 12 Months

CRGE 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 14.92 % 21.47 % 96.4 % 208.44 % 511.56 %
Y / Y Cash & cash equivalent TTM Growth 32.82 % -7.04 % 57.2 % 258.03 % 889.79 %
Quick Ratio TTM 0.36 0.28 0.28 0.3 0.32
Total Ranking TTM # 4020 # 2156 # 1426 # 0 # 2633
Seq. Current Liabilities TTM Growth 3.52 % -1.83 % 5.06 % 7.63 % 9.42 %
Seq. Cash & cash equivalent TTM Growth 35.1 % -0.8 % -4.62 % 3.9 % -5.44 %


On the trailing twelve months basis CRGE Cash & cash equivalent more than doubled by 793.53 % in Q3 2023 year on year, faster than Current Liabilities, this led to increase in in Charge Enterprises Inc 's Quick Ratio to 0.36, above CRGE average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Communications Services industry 47 other companies have achieved higher Quick Ratio than Charge Enterprises Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 2156 to 4020.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Communications Services Industry # 48
Services Sector # 535
Within the Market # 4020


trailing twelve months Quick Ratio Statistics
High Average Low
0.32 0.32 0.31
(Mar 31 2023)   (Jun 30 2023)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Communications Services Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Frontier Communications Parent Inc   1.08 $ 2,223.000  Millions$ 2,051.000  Millions
Surgepays Inc   0.88 $ 12.731  Millions$ 14.485  Millions
Ucloudlink Group Inc  0.60 $ 23.371  Millions$ 39.123  Millions
Veon ltd   0.55 $ 1,960.000  Millions$ 3,584.000  Millions
Telesat Corporation  0.53 $ 1,291.169  Millions$ 2,448.917  Millions
Chunghwa Telecom Co Ltd   0.50 $ 1,105.000  Millions$ 2,213.000  Millions
Siyata Mobile Inc   0.49 $ 1.265  Millions$ 2.589  Millions
Cleartronic Inc   0.43 $ 0.517  Millions$ 1.191  Millions
Shenandoah Telecommunications Company  0.43 $ 35.966  Millions$ 84.421  Millions
Charge Enterprises Inc   0.42 $ 57.227  Millions$ 134.781  Millions
Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk  0.41 $ 1,884.000  Millions$ 4,639.000  Millions
Gogo Inc   0.39 $ 24.655  Millions$ 62.501  Millions
Buzzfeed Inc   0.39 $ 42.470  Millions$ 107.803  Millions
Telef nica S a   0.36 $ 9,345.280  Millions$ 26,206.880  Millions
Globalstar Inc   0.35 $ 64.136  Millions$ 184.656  Millions
Kore Group Holdings Inc   0.31 $ 19.767  Millions$ 62.838  Millions
Cogent Communications Holdings inc   0.31 $ 109.661  Millions$ 355.662  Millions
Consolidated Communications Holdings inc   0.28 $ 89.617  Millions$ 318.121  Millions
Atn International inc   0.28 $ 73.387  Millions$ 262.657  Millions
Tim S a   0.24 $ 634.350  Millions$ 2,655.132  Millions
Konatel Inc   0.24 $ 1.322  Millions$ 5.609  Millions
T mobile Us Inc   0.23 $ 5,030.000  Millions$ 21,711.000  Millions
Kt Corporation  0.22 $ 2,681.053  Millions$ 12,320.302  Millions
Telef nica Brasil S a   0.22 $ 828.072  Millions$ 3,815.995  Millions
Sk Telecom Co Ltd   0.21 $ 1,353.279  Millions$ 6,504.401  Millions
Telephone And Data Systems Inc   0.19 $ 256.000  Millions$ 1,327.000  Millions
Orange  0.19 $ 6,560.960  Millions$ 34,199.200  Millions
Aerkomm Inc  0.18 $ 3.868  Millions$ 21.139  Millions
Sidus Space Inc   0.17 $ 1.597  Millions$ 9.273  Millions
Array Digital Infrastructure Inc   0.15 $ 153.000  Millions$ 1,031.000  Millions

Date modified: 2026-09-08T15:11:06+00:00



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