Kernel Group Holdings Inc Quick Ratio (KRNLU) starting from the first quarter 2024 to first quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Kernel Group Holdings Inc   (NASDAQ: KRNLU)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial

Kernel Group Holdings Inc 's Quick Ratio

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


In the wake of the increase in Current Liabilities in the first quarter 2024, Quick Ratio fell to 0 a new company low.

Within Blank Checks industry 123 other companies have achieved higher Quick Ratio than Kernel Group Holdings Inc in first quarter 2024. While Quick Ratio total ranking in the first quarter 2024 has deteriorated compared to the prior quarter from 2688 to 3805.

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




KRNLU Quick Ratio (Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
(Jun 30 2023)
Q2
(Mar 31 2023)
Q1
Y / Y Current Liabilities Change 90.73 % 80.08 % 356.28 % 291.64 % 59.26 %
Y / Y Cash & cash equivalent Change -86.66 % -99.14 % -99.29 % -99.52 % -97.94 %
Quick Ratio MRQ 0 0 0 0 0
KRNLU's Total Ranking # 3805 # 2688 # 4637 # 3764 # 4516
Seq. Current Liabilities Change 58.99 % -59.12 % 20.89 % 142.72 % 50.11 %
Seq. Cash & cash equivalent Change 0 % 0 % 0 % -86.66 % -93.52 %



Quick Ratio first quarter 2024 Company Ranking
Within: No.
Blank Checks Industry # 124
Financial Sector # 790
Overall Market # 3805


Quick Ratio Statistics
High Average Low
0.73 0.15 0
(Jun 30 2021)   (Sep 30 2023)




Financial Statements
Kernel Group Holdings Inc 's Current Liabilities $ 8 Millions Visit KRNLU's Balance sheet
Kernel Group Holdings Inc 's Cash & cash equivalent $ 0 Millions Visit KRNLU's Balance sheet
Source of KRNLU's Sales Visit KRNLU's Sales by Geography


Cumulative Kernel Group Holdings Inc 's Quick Ratio

KRNLU's Quick Ratio for the trailling 12 Months

KRNLU Quick Ratio

(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
(Jun 30 2023)
12 Months
(Mar 31 2023)
12 Months
Y / Y Current Liabilities TTM Growth 189.12 % 195.71 % 183.01 % 131.28 % 80.87 %
Y / Y Cash & cash equivalent TTM Growth -99.15 % -98.73 % -90.38 % -85.86 % -80.63 %
Quick Ratio TTM 0 0 0 0.01 0.03
Total Ranking TTM # 4388 # 3841 # 3530 # 2326 # 4771
Seq. Current Liabilities TTM Growth 12 % 7.59 % 48.37 % 61.71 % 14.55 %
Seq. Cash & cash equivalent TTM Growth -61.9 % -91.62 % -52.6 % -43.87 % -43.12 %


On the trailing twelve months basis In Spite of the jump in Current Liabilities in the Q1 2024 to $8.50 millions, cumulative Quick Ratio