Kit Digital's Cash & cash equivalent grew by 30.04 % in the Q2 2012 sequentially, faster than Current Liabilities, this led to improvement in Kit Digital's Quick Ratio to 0.29, Quick Ratio remained below Kit Digital, Inc. average.

Within Software & Programming industry 82 other companies have achieved higher Quick Ratio than Kit Digital in second quarter 2012. While Quick Ratio total ranking has improved so far during the Q2 2012 to 2265, from total ranking in the first quarter 2012 at 2736.

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KITD Quick Ratio	(Jun 30 2012) Q2	(Mar 31 2012) Q1	(Dec 31 2011) Q4	(Sep 30 2011) Q3	(Jun 30 2011) Q2
Y / Y Current Liabilities Change	147.02 %	232.78 %	-	-	-
Y / Y Cash & cash equivalent Change	-14.5 %	-80.32 %	-	-	-
Quick Ratio MRQ	0.29	0.27	0.56	1.2	0.85
KITD's Total Ranking	# 2265	# 2736	# 2730	#	#
Seq. Current Liabilities Change	19.12 %	23.86 %	63.27 %	2.54 %	60.48 %
Seq. Cash & cash equivalent Change	30.04 %	-40.62 %	-23.32 %	44.38 %	-70.07 %

Quick Ratio second quarter 2012 Company Ranking
Within:	No.
Software & Programming Industry	# 83
Technology Sector	# 368
Overall Market	# 2265

Quick Ratio Statistics
High	Average	Low
0.56	0.38	0.27
(Dec 31 2011)		(Mar 31 2012)

Financial Statements
Kit Digital's Current Liabilities	$ 125 Millions	Visit KITD's Balance sheet
Kit Digital's Cash & cash equivalent	$ 37 Millions	Visit KITD's Balance sheet
Source of KITD's Sales		Visit KITD's Sales by Geography

Cumulative Kit Digital's Quick Ratio

KITD's Quick Ratio for the trailling 12 Months

KITD Quick Ratio	(Jun 30 2012) 12 Months	(Mar 31 2012) 12 Months	(Dec 31 2011) 12 Months	(Sep 30 2011) 12 Months	(Jun 30 2011) 12 Months
Y / Y Current Liabilities TTM Growth	346.26 %	826.47 %	-	-	-
Y / Y Cash & cash equivalent TTM Growth	-6.39 %	25.96 %	-	-	-
Quick Ratio TTM	0.48	0.62	1.36	1.86	2.28
Total Ranking TTM	# 387	# 0	# 0	#	#
Seq. Current Liabilities TTM Growth	25.47 %	33.56 %	63.21 %	63.17 %	160.48 %
Seq. Cash & cash equivalent TTM Growth	-3.45 %	-38.94 %	19.14 %	33.26 %	29.93 %

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

On the trailing twelve months basis Due to increase in Current Liabilities in the Q2 2012 to $125.34 millions, cumulative Quick Ratio decreased to 0.48 above the KITD average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Software & Programming industry 15 other companies have achieved higher Quick Ratio than Kit Digital. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2012 from 0 to 387.

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

TTM Quick Ratio Company Ranking
Within:	No.
Within the Software & Programming Industry	# 16
Technology Sector	# 65
Within the Market	# 387

trailing twelve months Quick Ratio Statistics
High	Average	Low
0.28	0.28	0.28
(Jun 30 2012)

Companies with similar Quick Ratio in the quarter ending Jun 30 2012, within Software & Programming Industry	Quick Ratio	Jun 30 2012 MRQ Cash & cash equivalent	Jun 30 2012 MRQ Current Liabilities
Datawatch Corp	0.80	$ 7.836 Millions	$ 9.845 Millions
Ca, Inc.	0.76	$ 2,541.000 Millions	$ 3,360.000 Millions
Realpage Inc	0.75	$ 70.007 Millions	$ 92.777 Millions
Globalscape Inc	0.75	$ 7.132 Millions	$ 9.530 Millions
Ss and c Technologies Holdings Inc	0.72	$ 135.621 Millions	$ 188.009 Millions
Plures Technologies, Inc.	0.72	$ 1.295 Millions	$ 1.809 Millions
Agora Inc	0.71	$ 3.172 Millions	$ 4.454 Millions
Cadence Design Systems Inc	0.71	$ 712.962 Millions	$ 1,002.853 Millions
Telecommunication Systems Inc	0.70	$ 71.165 Millions	$ 100.977 Millions
Intersections Inc	0.69	$ 21.192 Millions	$ 30.762 Millions
Qad Inc	0.68	$ 73.843 Millions	$ 109.304 Millions
Egain Corporation	0.65	$ 9.946 Millions	$ 15.371 Millions
Cti Group Holdings Inc	0.64	$ 3.235 Millions	$ 5.058 Millions
Kenexa Corp	0.63	$ 89.688 Millions	$ 142.949 Millions
Servicenow Inc	0.58	$ 88.314 Millions	$ 151.805 Millions
Netsol Technologies Inc	0.57	$ 7.741 Millions	$ 13.605 Millions
Intellicheck Inc	0.56	$ 1.593 Millions	$ 2.835 Millions
Aci Worldwide Inc	0.55	$ 149.616 Millions	$ 271.333 Millions
Mam Software Group, Inc.	0.54	$ 3.628 Millions	$ 6.776 Millions
Salesforce Inc	0.48	$ 1,107.663 Millions	$ 2,329.167 Millions
Astea International Inc	0.46	$ 2.647 Millions	$ 5.723 Millions
Ptc Inc	0.44	$ 187.351 Millions	$ 428.393 Millions
Quest Software Inc	0.43	$ 238.716 Millions	$ 555.182 Millions
Cognyte Software Ltd	0.40	$ 1.144 Millions	$ 2.879 Millions
Good Gaming Inc	0.39	$ 0.124 Millions	$ 0.313 Millions
Avid Technology Inc	0.33	$ 59.383 Millions	$ 179.316 Millions
Bridgeline Digital Inc	0.32	$ 1.942 Millions	$ 5.989 Millions
Kit Digital, Inc.	0.29	$ 36.923 Millions	$ 125.336 Millions
Attunity Ltd	0.28	$ 2.112 Millions	$ 7.505 Millions
Ultimate Software Group Inc	0.27	$ 72.051 Millions	$ 268.848 Millions

Date modified: 2026-09-08T15:07:15+00:00

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