Iota Communications Inc Quick Ratio (IOTC) starting from the third quarter 2020 to third quarter 2019, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Iota Communications Inc   (IOTC)
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services

Iota Communications Inc 's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the third quarter 2020, Quick Ratio deteriorated to 0 a new company low.

Within Professional Services industry 173 other companies have achieved higher Quick Ratio than Iota Communications Inc in third quarter 2020. While Quick Ratio total ranking in the third quarter 2020 has deteriorated compared to the prior quarter from 4932 to 5616.

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




IOTC Quick Ratio (Feb 29 2020)
Q3
(Nov 30 2019)
Q2
(Aug 31 2019)
Q1
(May 31 2019)
Q4
(Feb 28 2019)
Q3
Y / Y Current Liabilities Change -42.3 % -37.97 % 395.73 % 124.82 % 306.83 %
Y / Y Cash & cash equivalent Change -96.87 % -70.44 % 175.25 % -48.23 % 3528.7 %
Quick Ratio MRQ 0 0.01 0.01 0.03 0.04
IOTC's Total Ranking # 5616 # 4932 # 4990 # 4636 # 4358
Seq. Current Liabilities Change -4.5 % -31.5 % 12.53 % -21.62 % 2.66 %
Seq. Cash & cash equivalent Change -79.87 % -27.7 % -64.27 % -39.88 % 90.36 %



Quick Ratio third quarter 2020 Company Ranking
Within: No.
Professional Services Industry # 174
Services Sector # 767
Overall Market # 5616


Quick Ratio Statistics
High Average Low
0.15 0.03 0
(Aug 31 2015)   (Aug 31 2012)




Financial Statements
Iota Communications Inc 's Current Liabilities $ 21 Millions Visit IOTC's Balance sheet
Iota Communications Inc 's Cash & cash equivalent $ 0 Millions Visit IOTC's Balance sheet
Source of IOTC's Sales Visit IOTC's Sales by Geography


Cumulative Iota Communications Inc 's Quick Ratio

IOTC's Quick Ratio for the trailling 12 Months

IOTC Quick Ratio

(Feb 29 2020)
12 Months
(Nov 30 2019)
12 Months
(Aug 31 2019)
12 Months
(May 31 2019)
12 Months
(Feb 28 2019)
12 Months
Y / Y Current Liabilities TTM Growth 13.86 % 87.25 % 267.23 % 188.53 % 209.79 %
Y / Y Cash & cash equivalent TTM Growth -63.74 % 9.99 % 79.13 % 17.34 % 153.34 %
Quick Ratio TTM 0.01 0.02 0.02 0.03 0.04
Total Ranking TTM # 4849 # 4347 # 4276 # 4091 # 4610
Seq. Current Liabilities TTM Growth -12.93 % -10.16 % 23.98 % 17.4 % 43.18 %
Seq. Cash & cash equivalent TTM Growth -49.14 % -15.8 % 6.2 % -20.26 % 54.26 %


On the trailing twelve months basis In spite of the year on year decrease in IOTC's Current Liabilities to $20.70 millions, cumulative Quick Ratio to 0.01 below the IOTC average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Professional Services industry 160 other companies have achieved higher Quick Ratio than Iota Communications Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2019 from 5196 to 5227.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Professional Services Industry # 161
Services Sector # 738
Within the Market # 5616


trailing twelve months Quick Ratio Statistics
High Average Low
0.1 0.04 0.01
(Aug 31 2017)   (Feb 29 2020)




Companies with similar Quick Ratio in the quarter ending Feb 29 2020, within Professional Services Industry Quick RatioFeb 29 2020 MRQ Cash & cash equivalentFeb 29 2020 MRQ Current Liabilities
Two Hands Corporation 0.00 $ 0.002  Millions$ 0.561  Millions
Digital Brand Media And Marketing Group Inc 0.00 $ 0.016  Millions$ 4.684  Millions
Iota Communications Inc 0.00 $ 0.041  Millions$ 20.699  Millions
Glacier Worldwide Inc 0.00 $ 0.001  Millions$ 0.572  Millions

Date modified: 2026-08-30T23:04:15+00:00



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