Logmein Inc Quick Ratio (LOGM) starting from the second quarter 2020 to second quarter 2019, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Logmein Inc   (NASDAQ: LOGM)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology

Logmein Inc 's Quick Ratio

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


Logmein Inc 's Cash & cash equivalent grew by 31.61 % in the Q2 2020 sequentially, faster than Current Liabilities, this led to improvement in Logmein Inc 's Quick Ratio to 0.38, Quick Ratio remained below Logmein Inc average.

Within Software & Programming industry 157 other companies have achieved higher Quick Ratio than Logmein Inc in second quarter 2020. While Quick Ratio total ranking in the second quarter 2020 has deteriorated compared to the prior quarter from 131 to 3219.

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




LOGM Quick Ratio (Jun 30 2020)
Q2
(Mar 31 2020)
Q1
(Dec 31 2019)
Q4
(Sep 30 2019)
Q3
(Jun 30 2019)
Q2
Y / Y Current Liabilities Change 9.15 % 10.25 % 302.17 % 16.89 % 16.18 %
Y / Y Cash & cash equivalent Change 123.6 % 30.67 % -13.89 % -28.89 % -43.9 %
Quick Ratio MRQ 0.38 0.29 0.21 0.2 0.18
LOGM's Total Ranking # 3219 # 131 # 778 # 3219 # 3206
Seq. Current Liabilities Change 0.47 % 6.03 % 3.69 % -1.18 % 1.48 %
Seq. Cash & cash equivalent Change 31.61 % 48.08 % 7.39 % 6.84 % -23.09 %



Quick Ratio second quarter 2020 Company Ranking
Within: No.
Software & Programming Industry # 158
Technology Sector # 541
Overall Market # 3219


Quick Ratio Statistics
High Average Low
2.73 1.22 0.18
(Dec 31 2011)   (Jun 30 2019)




Financial Statements
Logmein Inc 's Current Liabilities $ 663 Millions Visit LOGM's Balance sheet
Logmein Inc 's Cash & cash equivalent $ 249 Millions Visit LOGM's Balance sheet
Source of LOGM's Sales Visit LOGM's Sales by Geography


Cumulative Logmein Inc 's Quick Ratio

LOGM's Quick Ratio for the trailling 12 Months

LOGM Quick Ratio

(Jun 30 2020)
12 Months
(Mar 31 2020)
12 Months
(Dec 31 2019)
12 Months
(Sep 30 2019)
12 Months
(Jun 30 2019)
12 Months
Y / Y Current Liabilities TTM Growth 35.82 % 39.13 % 41.91 % -2.28 % -4.56 %
Y / Y Cash & cash equivalent TTM Growth 19.78 % -16.95 % -42.77 % -46.7 % -47.56 %
Quick Ratio TTM 0.27 0.22 0.21 0.27 0.31
Total Ranking TTM # 2630 # 4716 # 4726 # 2481 # 4715
Seq. Current Liabilities TTM Growth 2.23 % 2.53 % 23.85 % 4.63 % 4.73 %
Seq. Cash & cash equivalent TTM Growth 25.15 % 8.83 % -3.94 % -8.45 % -13.22 %


On the trailing twelve months basis LOGM Cash & cash equivalent more than doubled by 123.6 % in Q2 2020 year on year, faster than Current Liabilities, this led to increase in in Logmein Inc 's Quick Ratio to 0.27, Quick Ratio remained below LOGM average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Software & Programming industry 127 other companies have achieved higher Quick Ratio than Logmein Inc . While Quick Ratio overall ranking has improved so far to 2630, from total ranking during the twelve months ending first quarter 2020 at 4716.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Software & Programming Industry # 128
Technology Sector # 427
Within the Market # 2630


trailing twelve months Quick Ratio Statistics
High Average Low
1.94 0.94 0.21
(Dec. 30, 2013)   (Dec 31 2019)




Companies with similar Quick Ratio in the quarter ending Jun 30 2020, within Software & Programming Industry Quick RatioJun 30 2020 MRQ Cash & cash equivalentJun 30 2020 MRQ Current Liabilities
Realpage Inc  1.03 $ 900.953  Millions$ 873.141  Millions
Anaplan Inc.  1.03 $ 304.894  Millions$ 295.940  Millions
Cornerstone Ondemand Inc   0.99 $ 136.492  Millions$ 137.579  Millions
Liveperson Inc   0.99 $ 173.177  Millions$ 175.117  Millions
Soundthinking Inc   0.97 $ 25.824  Millions$ 26.621  Millions
Check Point Software Technologies Ltd   0.95 $ 1,473.200  Millions$ 1,543.800  Millions
2u inc   0.91 $ 194.803  Millions$ 212.971  Millions
Clps Incorporation  0.90 $ 13.726  Millions$ 15.225  Millions
Upay Inc   0.86 $ 0.199  Millions$ 0.231  Millions
Adobe Inc   0.86 $ 4,351.000  Millions$ 5,079.000  Millions
Cloudera Inc   0.83 $ 431.501  Millions$ 519.439  Millions
Servicenow Inc   0.82 $ 2,342.671  Millions$ 2,848.871  Millions
Tyler Technologies Inc   0.82 $ 403.688  Millions$ 494.262  Millions
Talend S a   0.81 $ 164.968  Millions$ 202.554  Millions
Sharplink Inc   0.80 $ 2.507  Millions$ 3.124  Millions
Dropbox Inc   0.80 $ 783.500  Millions$ 981.800  Millions
Docusign Inc   0.79 $ 674.039  Millions$ 854.038  Millions
Solarwinds Corporation  0.77 $ 331.414  Millions$ 432.800  Millions
Upland Software Inc   0.76 $ 87.910  Millions$ 115.711  Millions
Tenable Holdings Inc   0.75 $ 242.101  Millions$ 320.781  Millions
Block Inc   0.74 $ 2,687.110  Millions$ 3,632.516  Millions
Commerce com Inc   0.72 $ 25.390  Millions$ 35.393  Millions
Salesforce Inc   0.72 $ 9,283.000  Millions$ 12,963.000  Millions
Netsol Technologies Inc   0.70 $ 20.167  Millions$ 28.964  Millions
Mimecast Limited  0.70 $ 198.541  Millions$ 285.353  Millions
Mobileiron Inc   0.69 $ 87.691  Millions$ 127.640  Millions
Avepoint Inc   0.68 $ 0.610  Millions$ 0.892  Millions
Manhattan Associates Inc   0.67 $ 123.638  Millions$ 183.421  Millions
Nutanix Inc   0.67 $ 719.778  Millions$ 1,076.370  Millions
Secureworks Corp  0.66 $ 181.494  Millions$ 273.600  Millions

Date modified: 2026-09-26T06:58:04+00:00



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