Inovalon Holdings Inc Quick Ratio (INOV) starting from the third quarter 2021 to third quarter 2020, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Inovalon Holdings inc   (NASDAQ: INOV)

Inovalon Holdings Inc 's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the third quarter 2021, Quick Ratio deteriorated to 0.71 below Inovalon Holdings Inc 's average Quick Ratio.

Within Cloud Computing & Data Analytics industry 103 other companies have achieved higher Quick Ratio than Inovalon Holdings Inc in third quarter 2021. While Quick Ratio total ranking in the third quarter 2021 has deteriorated compared to the prior quarter from 2695 to 3361.

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




INOV Quick Ratio (Sep 30 2021)
Q3
(Jun 30 2021)
Q2
(Mar 31 2021)
Q1
(Dec 31 2020)
Q4
(Sep 30 2020)
Q3
Y / Y Current Liabilities Change 3.44 % 12.25 % 28.36 % 26.02 % 17.23 %
Y / Y Cash & cash equivalent Change -9.35 % 23.33 % -29.66 % 33.07 % -10.08 %
Quick Ratio MRQ 0.71 0.77 0.84 0.75 0.81
INOV's Total Ranking # 3361 # 2695 # 2692 # 1134 # 1049
Seq. Current Liabilities Change -0.62 % 0.86 % -7.3 % 11.33 % 7.84 %
Seq. Cash & cash equivalent Change -7.67 % -8.33 % 3.83 % 3.15 % 25.61 %



Quick Ratio third quarter 2021 Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 104
Technology Sector # 590
Overall Market # 3361


Quick Ratio Statistics
High Average Low
16.77 4.62 0.7
(Mar 31 2015)   (Jun 30 2020)




Financial Statements
Inovalon Holdings Inc 's Current Liabilities $ 153 Millions Visit INOV's Balance sheet
Inovalon Holdings Inc 's Cash & cash equivalent $ 109 Millions Visit INOV's Balance sheet
Source of INOV's Sales Visit INOV's Sales by Geography


Cumulative Inovalon Holdings Inc 's Quick Ratio

INOV's Quick Ratio for the trailling 12 Months

INOV Quick Ratio

(Sep 30 2021)
12 Months
(Jun 30 2021)
12 Months
(Mar 31 2021)
12 Months
(Dec 31 2020)
12 Months
(Sep 30 2020)
12 Months
Y / Y Current Liabilities TTM Growth 16.76 % 20.72 % 18.06 % 6.76 % -2.88 %
Y / Y Cash & cash equivalent TTM Growth -2.52 % -2.89 % -13.27 % 9.14 % -3.25 %
Quick Ratio TTM 0.77 0.79 0.78 0.92 0.92
Total Ranking TTM # 4682 # 1073 # 2000 # 383 # 4757
Seq. Current Liabilities TTM Growth 0.82 % 2.79 % 5.93 % 6.36 % 4.24 %
Seq. Cash & cash equivalent TTM Growth -2.29 % 4.76 % -10.38 % 6.26 % -2.66 %


On the trailing twelve months basis Due to decrease in Current Liabilities in the Q3 2021 to $152.64 millions, cumulative Quick Ratio decreased to 0.77 below the Inovalon Holdings Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Cloud Computing & Data Analytics industry 120 other companies have achieved higher Quick Ratio than Inovalon Holdings Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2021 from 1073 to 4682.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Cloud Computing & Data Analytics Industry # 121
Technology Sector # 657
Within the Market # 4682


trailing twelve months Quick Ratio Statistics
High Average Low
4.94 1.58 0.77
(Dec 31 2015)   (Sep 30 2021)




Companies with similar Quick Ratio in the quarter ending Sep 30 2021, within Cloud Computing & Data Analytics Industry Quick RatioSep 30 2021 MRQ Cash & cash equivalentSep 30 2021 MRQ Current Liabilities
So young International Inc   1.89 $ 211.388  Millions$ 111.793  Millions
Compass Inc   1.87 $ 791.400  Millions$ 422.900  Millions
Sterling Check Corp   1.81 $ 192.397  Millions$ 106.281  Millions
Verint Systems Inc  1.80 $ 308.514  Millions$ 171.496  Millions
Evertec Inc   1.74 $ 265.853  Millions$ 152.800  Millions
Cian Plc  1.71 $ 39.081  Millions$ 22.903  Millions
Next Technology Holding Inc.  1.50 $ 1.434  Millions$ 0.958  Millions
Open Text Corp  1.45 $ 1,735.265  Millions$ 1,198.007  Millions
Wisekey International Holding S a   1.44 $ 34.249  Millions$ 23.747  Millions
Aspen Technology inc   1.44 $ 247.965  Millions$ 172.709  Millions
Streamline Health Solutions Inc   1.40 $ 10.409  Millions$ 7.435  Millions
Gravity co ltd   1.34 $ 92.168  Millions$ 68.817  Millions
Onespan Inc   1.33 $ 97.815  Millions$ 73.326  Millions
Nanthealth Inc   1.32 $ 45.513  Millions$ 34.563  Millions
Versus Systems Inc  1.31 $ 4.410  Millions$ 3.373  Millions
Netscout Systems Inc   1.28 $ 475.817  Millions$ 370.787  Millions
Scworx Corp   1.27 $ 26.000  Millions$ 20.518  Millions
8x8 Inc   1.22 $ 147.596  Millions$ 120.940  Millions
Zendesk Inc   1.18 $ 953.845  Millions$ 809.651  Millions
Wejo Group Limited  1.18 $ 8.611  Millions$ 7.316  Millions
AVAI BIO, INC.  1.15 $ 0.049  Millions$ 0.043  Millions
Verisign Inc  1.14 $ 1,198.421  Millions$ 1,048.175  Millions
Qxo Inc   1.13 $ 7.252  Millions$ 6.429  Millions
Ccc Intelligent Solutions Holdings Inc   1.13 $ 160.465  Millions$ 142.399  Millions
Csp inc  1.12 $ 20.007  Millions$ 17.827  Millions
Globant s a   1.11 $ 427.804  Millions$ 386.299  Millions
Tufin Software Technologies Ltd   1.06 $ 62.616  Millions$ 58.814  Millions
Zynga Inc  1.04 $ 1,475.800  Millions$ 1,416.800  Millions
Yext Inc   1.04 $ 229.526  Millions$ 220.915  Millions
Blue Safari Group Acquisition Corp  1.03 $ 0.733  Millions$ 0.709  Millions

Date modified: 2026-09-08T15:10:25+00:00



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