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Essent Group Ltd   (ESNT)
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Essent Group Ltd 's Quick Ratio

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


In the wake of the increase in Current Liabilities in the forth quarter 2023, Quick Ratio fell to 20.78 below Essent Group Ltd average.

Within Property & Casualty Insurance industry Essent Group Ltd booked the highest Quick Ratio than Essent Group Ltd in the forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 18, from total ranking in the third quarter 2023 at 60.

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


ESNT Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 20.16 % 13.57 % -61.15 % -66.92 % -72.29 %
Y / Y Cash & cash equivalent Change 12.08 % 9.22 % 8.34 % 3.12 % -4.39 %
Quick Ratio MRQ 20.78 21.11 23.46 23.23 22.28
ESNT's Total Ranking # 18 # 60 # 101 # 66 # 192
Seq. Current Liabilities Change 7.77 % 11.24 % 0.43 % -0.2 % 1.87 %
Seq. Cash & cash equivalent Change 6.11 % 0.08 % 1.43 % 4.06 % 3.4 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Property & Casualty Insurance Industry # 1
Financial Sector # 5
Overall Market # 18


Quick Ratio Statistics
High Average Low
209.03 54.35 6.39
(Mar 31 2015)   (Jun 30 2021)




Financial Statements
Essent Group Ltd 's Current Liabilities $ 260 Millions Visit ESNT's Balance sheet
Essent Group Ltd 's Cash & cash equivalent $ 5,406 Millions Visit ESNT's Balance sheet
Source of ESNT's Sales Visit ESNT's Sales by Geography


Cumulative Essent Group Ltd 's Quick Ratio

ESNT's Quick Ratio for the trailling 12 Months

ESNT Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 20.16 % 13.57 % -61.15 % -66.92 % -72.29 %
Y / Y Cash & cash equivalent TTM Growth 12.08 % 9.22 % 8.34 % 3.12 % -4.39 %
Quick Ratio TTM 22.06 22.48 22.74 15.96 11.62
Total Ranking TTM # 3 # 47 # 84 # 62 # 0
Seq. Current Liabilities TTM Growth 7.77 % 11.24 % 0.43 % -0.2 % 1.87 %
Seq. Cash & cash equivalent TTM Growth 6.11 % 0.08 % 1.43 % 4.06 % 3.4 %


On the trailing twelve months basis Due to rise in Current Liabilities in the IV Quarter 2023 to $260.10 millions, cumulative Quick Ratio decreased to 22.06 below the Essent Group Ltd average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Property & Casualty Insurance industry ESNT achieved the highest Quick Ratio. While Quick Ratio overall ranking has improved so far to 3, from total ranking during the twelve months ending third quarter 2023 at 47.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Property & Casualty Insurance Industry # 1
Financial Sector # 5
Within the Market # 3


trailing twelve months Quick Ratio Statistics
High Average Low
209.03 54.35 6.39
(Mar 31 2015)   (Jun 30 2021)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Property & Casualty Insurance Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Donegal Group Inc  48.26 $ 613.141  Millions$ 12.706  Millions
The Hartford Financial Services Group Inc   39.03 $ 43,794.000  Millions$ 1,122.000  Millions
Nmi Holdings Inc   27.51 $ 2,371.021  Millions$ 86.189  Millions
Old Republic International Corporation  25.06 $ 13,375.300  Millions$ 533.800  Millions
Essent Group Ltd   20.78 $ 5,405.526  Millions$ 260.095  Millions
Radian Group Inc  14.16 $ 5,239.982  Millions$ 370.148  Millions
Enstar Group Ltd  13.16 $ 566.000  Millions$ 43.000  Millions
Markel Group Inc   12.27 $ 20,691.174  Millions$ 1,686.776  Millions
Arch Capital Group Ltd   11.81 $ 26,533.000  Millions$ 2,247.000  Millions
Mgic Investment Corp  11.80 $ 5,965.206  Millions$ 505.379  Millions
Employers Holdings Inc   9.94 $ 259.500  Millions$ 26.100  Millions
Renaissancere Holdings Ltd   7.11 $ 27,358.705  Millions$ 3,847.785  Millions
Root Inc   5.66 $ 679.600  Millions$ 120.000  Millions
Assured Guaranty Ltd   5.52 $ 2,076.000  Millions$ 376.000  Millions

Date modified: 2024-02-16T22:34:51+00:00



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