Lannett Inc Quick Ratio (LCINQ) starting from the third quarter 2023 to third quarter 2022, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Lannett Company Inc  (NONE: LCINQ)

Lannett Inc's Quick Ratio

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


In the wake of the increase in Current Liabilities in the third quarter 2023, Quick Ratio fell to 0.06 a new company low.

Within Major Pharmaceutical Preparations industry 604 other companies have achieved higher Quick Ratio than Lannett Inc in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 2551 to 4999.

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




LCINQ Quick Ratio (Mar 31 2023)
Q3
(Dec 31 2022)
Q2
(Sep 30 2022)
Q1
(Jun 30 2022)
Q4
(Mar 31 2022)
Q3
Y / Y Current Liabilities Change 676.94 % 25.73 % 94.05 % 16 % -2.86 %
Y / Y Cash & cash equivalent Change -56.14 % -43.38 % -29.37 % -5.82 % 30.53 %
Quick Ratio MRQ 0.06 0.5 0.71 0.84 1.12
LCINQ's Total Ranking # 4999 # 2551 # 2225 # 2068 # 2002
Seq. Current Liabilities Change 553.27 % 1.88 % 4.96 % 11.22 % 5.72 %
Seq. Cash & cash equivalent Change -16.67 % -28.32 % -11.31 % -17.2 % 7.58 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Major Pharmaceutical Preparations Industry # 605
Healthcare Sector # 1162
Overall Market # 4999


Quick Ratio Statistics
High Average Low
7.76 1.68 0.06
(Mar 31 2015)   (Mar 31 2023)




Financial Statements
Lannett Inc's Current Liabilities $ 733 Millions Visit LCINQ's Balance sheet
Lannett Inc's Cash & cash equivalent $ 47 Millions Visit LCINQ's Balance sheet
Source of LCINQ's Sales Visit LCINQ's Sales by Geography


Cumulative Lannett Inc's Quick Ratio

LCINQ's Quick Ratio for the trailling 12 Months

LCINQ Quick Ratio

(Mar 31 2023)
12 Months
(Dec 31 2022)
12 Months
(Sep 30 2022)
12 Months
(Jun 30 2022)
12 Months
(Mar 31 2022)
12 Months
Y / Y Current Liabilities TTM Growth 220.51 % 26.39 % -2.29 % -39.47 % -52.7 %
Y / Y Cash & cash equivalent TTM Growth -34.33 % -14.55 % 16.1 % 26.87 % 10.78 %
Quick Ratio TTM 0.25 0.78 0.93 1.17 1.23
Total Ranking TTM # 4907 # 4146 # 4124 # 4120 # 4045
Seq. Current Liabilities TTM Growth 151.48 % 5.76 % 15.46 % 4.37 % -0.83 %
Seq. Cash & cash equivalent TTM Growth -18.18 % -11.55 % -8.04 % -1.33 % 6.47 %


On the trailing twelve months basis Due to in Current Liabilities in the Q3 2023 to $733.08 millions, cumulative Quick Ratio decreased to 0.25 below the Lannett Company Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Major Pharmaceutical Preparations industry 609 other companies have achieved higher Quick Ratio than Lannett Inc. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2022 from 4146 to 4907.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Major Pharmaceutical Preparations Industry # 610
Healthcare Sector # 1214
Within the Market # 4907


trailing twelve months Quick Ratio Statistics
High Average Low
5.21 1.46 0.25
(Sep 30 2015)   (Mar 31 2023)




Companies with similar Quick Ratio in the quarter ending Mar 31 2023, within Major Pharmaceutical Preparations Industry Quick RatioMar 31 2023 MRQ Cash & cash equivalentMar 31 2023 MRQ Current Liabilities
Catalent Inc   0.17 $ 252.000  Millions$ 1,487.000  Millions
Acer Therapeutics Inc   0.17 $ 6.380  Millions$ 38.000  Millions
Zyversa Therapeutics Inc   0.15 $ 1.325  Millions$ 8.578  Millions
Accustem Sciences Inc   0.15 $ 0.181  Millions$ 1.194  Millions
Scopus Biopharma Inc   0.15 $ 1.401  Millions$ 9.313  Millions
Northwest Biotherapeutics Inc  0.14 $ 6.191  Millions$ 44.708  Millions
Biolinerx Ltd   0.14 $ 4.255  Millions$ 30.852  Millions
Protokinetix Incorporated  0.13 $ 0.007  Millions$ 0.053  Millions
Celularity Inc   0.13 $ 8.532  Millions$ 66.458  Millions
Takeda Pharmaceutical Company Limited  0.12 $ 3,919.815  Millions$ 31,529.984  Millions
Cv Sciences Inc   0.11 $ 0.714  Millions$ 6.253  Millions
Nls Pharmaceutics Ltd  0.11 $ 0.898  Millions$ 7.920  Millions
Innovation1 Biotech Inc   0.11 $ 0.262  Millions$ 2.335  Millions
Nascent Biotech Inc   0.11 $ 0.172  Millions$ 1.551  Millions
NIKA PHARMACEUTICALS, INC  0.11 $ 0.005  Millions$ 0.041  Millions
Dr Reddy s Laboratories Limited  0.10 $ 103.000  Millions$ 1,044.000  Millions
China Pharma Holdings Inc  0.10 $ 1.167  Millions$ 11.922  Millions
Viatris Inc   0.08 $ 506.600  Millions$ 6,108.100  Millions
Supernus Pharmaceuticals inc   0.08 $ 58.442  Millions$ 731.545  Millions
Athersys Inc  0.08 $ 3.121  Millions$ 39.683  Millions
Lifecore Biomedical Inc   0.08 $ 2.950  Millions$ 37.673  Millions
Aeon Biopharma inc   0.08 $ 0.457  Millions$ 5.873  Millions
Nabriva Therapeutics Plc  0.06 $ 1.798  Millions$ 27.998  Millions
Biofrontera Inc   0.06 $ 1.300  Millions$ 20.450  Millions
Lannett Company Inc  0.06 $ 46.540  Millions$ 733.079  Millions
REST EZ Inc.  0.06 $ 0.003  Millions$ 0.042  Millions
American Bio Medica Corporation  0.06 $ 0.068  Millions$ 1.117  Millions
Humanigen Inc  0.06 $ 3.096  Millions$ 53.296  Millions
Regenerx Biopharmaceuticals inc   0.06 $ 0.102  Millions$ 1.800  Millions
Aditxt Inc   0.05 $ 0.303  Millions$ 5.910  Millions

Date modified: 2026-09-08T15:10:57+00:00



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