Gtt Communications Inc Quick Ratio (GTT) starting from the first quarter 2020 to first quarter 2019, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
GTT's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Gtt Communications Inc 's Cash & cash equivalent grew by 154.55 % in the Q1 2020 sequentially, faster than Current Liabilities, this led to improvement in Gtt Communications Inc 's Quick Ratio to 0.19, Quick Ratio remained below Gtt Communications Inc average.
Within Communications Services industry 42 other companies have achieved higher Quick Ratio than Gtt Communications Inc in first quarter 2020. While Quick Ratio total ranking has improved so far during the Q1 2020 to 3863, from total ranking in the fourth quarter 2019 at 4361.
On the trailing twelve months basis GTT Cash & cash equivalent more than doubled by 109.86 % in Q1 2020 year on year, faster than Current Liabilities, this led to increase in in Gtt Communications Inc 's Quick Ratio to 0.11, Quick Ratio remained below GTT average. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Communications Services industry 64 other companies have achieved higher Quick Ratio than Gtt Communications Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the fourth quarter 2019 from 2689 to 5130.
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