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Ironclad Encryption Corp  (IRNC)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

Ironclad Encryption's Quick Ratio

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


In the wake of the increase in Current Liabilities in the third quarter 2019, Quick Ratio fell to 0.03 below Ironclad Encryption Corp average.

Within Software & Programming industry 177 other companies have achieved higher Quick Ratio than Ironclad Encryption in third quarter 2019. While Quick Ratio total ranking has improved so far during the III Quarter 2019 to 4677, from total ranking in the second quarter 2019 at 4722.

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


IRNC Quick Ratio (Dec 31 2019)
III. Quarter
(Sep 30 2019)
II. Quarter
(Jun 30 2019)
I. Quarter
(Mar 31 2019)
IV. Quarter
(Dec 31 2018)
III. Quarter
Y / Y Current Liabilities Change 4.67 % -37.72 % 62.55 % 127.92 % -
Y / Y Cash & cash equivalent Change 36.83 % -42.99 % -21.36 % -38.05 % -
Quick Ratio MRQ 0.03 0.03 0.07 0.05 0.02
IRNC's Total Ranking # 4677 # 4722 # 3690 # 3807 # 3661
Seq. Current Liabilities Change 5.24 % 1.83 % -12.02 % 11.02 % -37.38 %
Seq. Cash & cash equivalent Change 0 % -55.21 % 21.02 % 152.41 % -58.33 %



Quick Ratio third quarter 2019 Company Ranking
Within: No.
Software & Programming Industry # 178
Technology Sector # 631
Overall Market # 4677


Quick Ratio Statistics
High Average Low
0.18 0.07 0.02
(Mar 31 2018)   (Dec 31 2018)




Financial Statements
Ironclad Encryption's Current Liabilities $ 5 Millions Visit IRNC's Balance sheet
Ironclad Encryption's Cash & cash equivalent $ 0 Millions Visit IRNC's Balance sheet
Source of IRNC's Sales Visit IRNC's Sales by Geography


Cumulative Ironclad Encryption's Quick Ratio

IRNC's Quick Ratio for the trailling 12 Months

IRNC Quick Ratio

(Dec 31 2019)
III. Quarter
(Sep 30 2019)
II. Quarter
(Jun 30 2019)
I. Quarter
(Mar 31 2019)
IV. Quarter
(Dec 31 2018)
III. Quarter
Y / Y Current Liabilities TTM Growth 4.67 % -37.72 % 62.55 % 127.92 % -
Y / Y Cash & cash equivalent TTM Growth 36.83 % -42.99 % -21.36 % -38.05 % -
Quick Ratio TTM 0.04 0.04 0.04 0.05 0.07
Total Ranking TTM # 4748 # 3149 # 4026 # 5199 # 3291
Seq. Current Liabilities TTM Growth 5.24 % 1.83 % -12.02 % 11.02 % -37.38 %
Seq. Cash & cash equivalent TTM Growth 0 % -55.21 % 21.02 % 152.41 % -58.33 %


On the trailing twelve months basis In Spite of the rise in Current Liabilities in the III Quarter 2019 to $5.38 millions, cumulative Quick Ratio remained unchanged at 0.04 below the Ironclad Encryption Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Software & Programming industry 180 other companies have achieved higher Quick Ratio than Ironclad Encryption. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2019 from 3149 to 4748.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Software & Programming Industry # 181
Technology Sector # 681
Within the Market # 4748


trailing twelve months Quick Ratio Statistics
High Average Low
0.07 0.05 0.04
(Dec 31 2018)   (Jun 30 2019)




Companies with similar Quick Ratio in the quarter ending Dec 31 2019, within Software & Programming Industry Quick RatioDec 31 2019 MRQ Cash & cash equivalentDec 31 2019 MRQ Current Liabilities
Paylocity Holding Corporation  0.08 $ 145.749  Millions$ 1,911.861  Millions
Paycom Software Inc   0.08 $ 133.667  Millions$ 1,753.522  Millions
Resonate Blends Inc   0.07 $ 0.053  Millions$ 0.718  Millions
Leet Technology Inc   0.07 $ 0.091  Millions$ 1.336  Millions
Taoping Inc   0.06 $ 1.520  Millions$ 26.007  Millions
Ss and c Technologies Holdings Inc   0.06 $ 161.800  Millions$ 2,776.200  Millions
Lottery com Inc   0.06 $ 0.057  Millions$ 1.019  Millions
Mobivity Holdings Corp   0.05 $ 0.274  Millions$ 5.226  Millions
Citrine Global Corp  0.05 $ 0.018  Millions$ 0.347  Millions
Appgate Inc   0.05 $ 0.019  Millions$ 0.418  Millions
Viewbix Inc   0.05 $ 0.087  Millions$ 1.923  Millions
Gridsum Holding Inc   0.04 $ 3.621  Millions$ 98.045  Millions
Quantum Computing Inc   0.04 $ 0.101  Millions$ 2.861  Millions
Vpr Brands Lp  0.03 $ 0.078  Millions$ 2.614  Millions
Ironclad Encryption Corp  0.03 $ 0.150  Millions$ 5.384  Millions
Grid Dynamics Holdings Inc   0.02 $ 0.142  Millions$ 5.698  Millions
Rego Payment Architectures Inc   0.02 $ 0.430  Millions$ 23.464  Millions
Duesenberg Technologies Inc   0.02 $ 0.014  Millions$ 0.763  Millions
Mphase Technologies Inc.  0.01 $ 0.106  Millions$ 8.236  Millions
Duos Technologies Group Inc   0.01 $ 0.056  Millions$ 5.368  Millions
Tautachrome Inc   0.01 $ 0.031  Millions$ 4.361  Millions

Date modified: -0001-11-30T00:00:00+00:00



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