Kona Gold Beverage Inc 's Cash & cash equivalent grew by 280.75 % in the Q3 2023 sequentially, faster than Current Liabilities, this led to improvement in Kona Gold Beverage Inc 's Quick Ratio to 0.06, Quick Ratio remained below Kona Gold Beverage Inc average.

Within Nonalcoholic Beverages industry 24 other companies have achieved higher Quick Ratio than Kona Gold Beverage Inc in third quarter 2023. While Quick Ratio total ranking has improved so far during the Q3 2023 to 4903, from total ranking in the second quarter 2023 at 5005.

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KGKG Quick Ratio	(Sep 30 2023) Q3	(Jun 30 2023) Q2	(Mar 31 2023) Q1	(Dec 31 2022) Q4	(Sep 30 2022) Q3
Y / Y Current Liabilities Change	22.36 %	51.29 %	27.74 %	28.22 %	186.86 %
Y / Y Cash & cash equivalent Change	36.61 %	1470.1 %	-74.19 %	-94.47 %	-51.57 %
Quick Ratio MRQ	0.06	0.02	0.01	0.01	0.05
KGKG's Total Ranking	# 4903	# 5005	# 4996	# 4327	# 4486
Seq. Current Liabilities Change	0.66 %	10.55 %	8.62 %	1.23 %	24.46 %
Seq. Cash & cash equivalent Change	280.75 %	26.82 %	92.54 %	-85.31 %	4276.1 %

Quick Ratio third quarter 2023 Company Ranking
Within:	No.
Nonalcoholic Beverages Industry	# 25
Consumer Non Cyclical Sector	# 179
Overall Market	# 4903

Quick Ratio Statistics
High	Average	Low
1.05	0.14	0
(Dec 31 2019)		(Jun 30 2022)

Financial Statements
Kona Gold Beverage Inc 's Current Liabilities	$ 6 Millions	Visit KGKG's Balance sheet
Kona Gold Beverage Inc 's Cash & cash equivalent	$ 0 Millions	Visit KGKG's Balance sheet
Source of KGKG's Sales		Visit KGKG's Sales by Geography

Cumulative Kona Gold Beverage Inc 's Quick Ratio

KGKG's Quick Ratio for the trailling 12 Months

KGKG Quick Ratio	(Sep 30 2023) 12 Months	(Jun 30 2023) 12 Months	(Mar 31 2023) 12 Months	(Dec 31 2022) 12 Months	(Sep 30 2022) 12 Months
Y / Y Current Liabilities TTM Growth	31.77 %	54.42 %	57.94 %	76.95 %	110.88 %
Y / Y Cash & cash equivalent TTM Growth	-54.86 %	-69.37 %	-76.53 %	-57.45 %	53.42 %
Quick Ratio TTM	0.02	0.02	0.02	0.03	0.07
Total Ranking TTM	# 3953	# 4129	# 4341	# 4931	# 4138
Seq. Current Liabilities TTM Growth	5.17 %	10.53 %	6.49 %	6.45 %	23.24 %
Seq. Cash & cash equivalent TTM Growth	20.47 %	23.13 %	-35.89 %	-52.54 %	-18.24 %

Quick ratio ranking by company, industry and sector >> Back to KGKG Financial Strength Comparisons >> Go to Compare KGKG Quick Ratio to its Competitors

On the trailing twelve months basis In Spite of the rise in Current Liabilities in the Q3 2023 to $6.40 millions, cumulative Quick Ratio remained unchanged at 0.02 below the Kona Gold Beverage Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Nonalcoholic Beverages industry 30 other companies have achieved higher Quick Ratio than Kona Gold Beverage Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 4081 to 4714.

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How much Cash & cash equivalents KGKG�s has?
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TTM Quick Ratio Company Ranking
Within:	No.
Within the Nonalcoholic Beverages Industry	# 31
Consumer Non Cyclical Sector	# 206
Within the Market	# 4903

trailing twelve months Quick Ratio Statistics
High	Average	Low
0.09	0.05	0.02
(Mar 31 2022)		(Mar 31 2023)

Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Nonalcoholic Beverages Industry	Quick Ratio	Sep 30 2023 MRQ Cash & cash equivalent	Sep 30 2023 MRQ Current Liabilities
Primo Water Corp	0.16	$ 97.800 Millions	$ 625.300 Millions
Coca cola Europacific Partners Plc	0.15	$ 1,654.240 Millions	$ 11,307.520 Millions
Coca Cola Co	0.15	$ 3,552.000 Millions	$ 24,409.000 Millions
The Duckhorn Portfolio Inc	0.13	$ 21.182 Millions	$ 157.486 Millions
Brc Inc	0.09	$ 6.667 Millions	$ 74.105 Millions
Beeline Holdings Inc	0.09	$ 0.358 Millions	$ 4.017 Millions
Equator Beverage Company	0.08	$ 0.024 Millions	$ 0.309 Millions
Vintage Wine Estates Inc	0.06	$ 18.624 Millions	$ 287.553 Millions
Srx Health Solutions Inc	0.06	$ 2.076 Millions	$ 34.812 Millions
Kona Gold Beverage Inc	0.06	$ 0.370 Millions	$ 6.400 Millions
Reed s Inc	0.04	$ 1.004 Millions	$ 27.678 Millions
Keurig Dr Pepper Inc	0.03	$ 260.000 Millions	$ 7,869.000 Millions
Constellation Brands Inc	0.03	$ 83.300 Millions	$ 2,857.500 Millions
Pacific Ventures Group Inc	0.02	$ 0.168 Millions	$ 7.426 Millions
Willamette Valley Vineyards Inc	0.02	$ 0.213 Millions	$ 12.319 Millions
Splash Beverage Group Inc	0.01	$ 0.146 Millions	$ 11.130 Millions

Date modified: 2026-09-08T15:11:08+00:00

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