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Computer Task Group Incorporated  (CTG)
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Computer Task Group Incorporated's Quick Ratio

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


Computer Task Group Incorporated's Cash & cash equivalent grew by 25.77 % in the III Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Computer Task Group Incorporated's Quick Ratio to 0.64, above Computer Task Group Incorporated average Quick Ratio.

Within Cloud Computing & Data Analytics industry 54 other companies have achieved higher Quick Ratio than Computer Task Group Incorporated in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 1994 to 2131.

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


CTG Quick Ratio (Sep 29 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change -6.05 % -5 % 2.33 % -19.34 % -14.93 %
Y / Y Cash & cash equivalent Change -10.03 % -46.06 % -39.83 % -29.35 % -13.91 %
Quick Ratio MRQ 0.64 0.51 0.56 0.62 0.66
CTG's Total Ranking # 2131 # 1994 # 2309 # 2320 # 2414
Seq. Current Liabilities Change 1.82 % -10.74 % 2.73 % 0.63 % 2.96 %
Seq. Cash & cash equivalent Change 25.77 % -17.87 % -7.32 % -6.03 % -24.59 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 55
Technology Sector # 369
Overall Market # 2131


Quick Ratio Statistics
High Average Low
0.96 0.56 0.22
(Dec 31 2013)   (Dec 31 2019)




Financial Statements
Computer Task Group Incorporated's Current Liabilities $ 38 Millions Visit CTG's Balance sheet
Computer Task Group Incorporated's Cash & cash equivalent $ 24 Millions Visit CTG's Balance sheet
Source of CTG's Sales Visit CTG's Sales by Geography


Cumulative Computer Task Group Incorporated's Quick Ratio

CTG's Quick Ratio for the trailling 12 Months

CTG Quick Ratio

(Sep 29 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -6.05 % -5 % 2.33 % -19.34 % -14.93 %
Y / Y Cash & cash equivalent TTM Growth -10.03 % -46.06 % -39.83 % -29.35 % -13.91 %
Quick Ratio TTM 0.58 0.59 0.68 0.78 0.8
Total Ranking TTM # 1773 # 3949 # 1954 # 2986 # 2252
Seq. Current Liabilities TTM Growth 1.82 % -10.74 % 2.73 % 0.63 % 2.96 %
Seq. Cash & cash equivalent TTM Growth 25.77 % -17.87 % -7.32 % -6.03 % -24.59 %


On the trailing twelve months basis In spite of the year on year decrease in CTG's Current Liabilities to $37.86 millions, cumulative Quick Ratio to 0.58 above the company average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Cloud Computing & Data Analytics industry 55 other companies have achieved higher Quick Ratio than Computer Task Group Incorporated. While Quick Ratio overall ranking has improved so far to 1773, from total ranking during the twelve months ending second quarter 2023 at 3949.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Cloud Computing & Data Analytics Industry # 56
Technology Sector # 357
Within the Market # 1773


trailing twelve months Quick Ratio Statistics
High Average Low
0.89 0.52 0.21
(June 30. 2015)   (Dec 31 2019)




Companies with similar Quick Ratio in the quarter ending Sep 29 2023, within Cloud Computing & Data Analytics Industry Quick RatioSep 29 2023 MRQ Cash & cash equivalentSep 29 2023 MRQ Current Liabilities
Workday Inc   1.71 $ 6,879.984  Millions$ 4,029.390  Millions
Smartrent Inc   1.71 $ 211.000  Millions$ 123.611  Millions
Csp inc  1.61 $ 25.217  Millions$ 15.659  Millions
Verint Systems Inc  1.59 $ 210.331  Millions$ 132.433  Millions
Light and Wonder Inc   1.52 $ 941.000  Millions$ 619.000  Millions
Nextgen Healthcare Inc   1.43 $ 205.213  Millions$ 143.878  Millions
Tsr Inc   1.29 $ 8.467  Millions$ 6.561  Millions
D wave Quantum Inc   1.29 $ 53.317  Millions$ 41.344  Millions
Saverone 2014 Ltd   1.16 $ 17.112  Millions$ 14.804  Millions
Mullen Automotive inc   1.11 $ 155.267  Millions$ 139.611  Millions
Sidechannel Inc   1.10 $ 1.053  Millions$ 0.954  Millions
Onfolio Holdings Inc   1.06 $ 3.373  Millions$ 3.186  Millions
Taskus Inc   1.03 $ 114.616  Millions$ 111.172  Millions
Zscaler Inc   0.92 $ 1,361.723  Millions$ 1,474.418  Millions
Netscout Systems Inc   0.91 $ 328.596  Millions$ 359.124  Millions
Yext Inc   0.91 $ 182.156  Millions$ 199.122  Millions
Pros Holdings Inc   0.89 $ 159.080  Millions$ 178.997  Millions
Doximity Inc   0.88 $ 108.403  Millions$ 123.181  Millions
Ibex Limited  0.84 $ 62.029  Millions$ 73.726  Millions
Verisign Inc  0.80 $ 943.500  Millions$ 1,173.600  Millions
Evertec Inc   0.80 $ 198.428  Millions$ 248.737  Millions
Legalzoom com Inc   0.80 $ 212.147  Millions$ 266.822  Millions
Cognizant Technology Solutions Corporation  0.78 $ 2,368.000  Millions$ 3,027.000  Millions
Onespan Inc   0.75 $ 68.496  Millions$ 91.331  Millions
The Glimpse Group Inc   0.70 $ 3.929  Millions$ 5.612  Millions
Inpixon  0.69 $ 13.489  Millions$ 19.577  Millions
Silversun Technologies Inc   0.65 $ 6.880  Millions$ 10.551  Millions
Compass Inc   0.65 $ 220.000  Millions$ 337.600  Millions
8x8 Inc   0.65 $ 148.774  Millions$ 229.090  Millions
Innodata inc  0.65 $ 14.825  Millions$ 22.921  Millions

Date modified: 2023-11-10T01:22:50+00:00



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