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Liquidity Services Inc  (LQDT)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services

Liquidity Services Inc's Quick Ratio

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


Liquidity Services Inc's Cash & cash equivalent grew by 2.28 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Liquidity Services Inc's Quick Ratio to 0.07, Quick Ratio remained below Liquidity Services Inc average.

Within Professional Services industry 106 other companies have achieved higher Quick Ratio than Liquidity Services Inc in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 2067 to 3664.

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


LQDT Quick Ratio (Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
(Dec 31 2022)
I. Quarter
(Sep 30 2022)
IV. Quarter
Y / Y Current Liabilities Change -2.26 % -5.28 % -6.44 % -15.66 % 13.13 %
Y / Y Cash & cash equivalent Change 333.81 % -91.26 % -93.34 % -95.93 % -
Quick Ratio MRQ 0.07 0.06 0.05 0.04 0.01
LQDT's Total Ranking # 3664 # 2067 # 4242 # 606 # 4433
Seq. Current Liabilities Change 0.44 % -3.11 % 17.65 % -14.63 % -2.67 %
Seq. Cash & cash equivalent Change 2.28 % 37.4 % 51.1 % 104.29 % -97.94 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Professional Services Industry # 107
Services Sector # 444
Overall Market # 3664


Quick Ratio Statistics
High Average Low
15.26 1.94 0.01
(Jun 30 2016)   (Sep 30 2022)




Financial Statements
Liquidity Services Inc's Current Liabilities $ 121 Millions Visit LQDT's Balance sheet
Liquidity Services Inc's Cash & cash equivalent $ 8 Millions Visit LQDT's Balance sheet
Source of LQDT's Sales Visit LQDT's Sales by Geography


Cumulative Liquidity Services Inc's Quick Ratio

LQDT's Quick Ratio for the trailling 12 Months

LQDT Quick Ratio

(Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
(Dec 31 2022)
I. Quarter
(Sep 30 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -2.26 % -5.28 % -6.44 % -15.66 % 13.13 %
Y / Y Cash & cash equivalent TTM Growth 333.81 % -91.26 % -93.34 % -95.93 % -
Quick Ratio TTM 0.05 0.04 0.21 0.36 0.52
Total Ranking TTM # 3323 # 4023 # 1884 # 4347 # 2339
Seq. Current Liabilities TTM Growth 0.44 % -3.11 % 17.65 % -14.63 % -2.67 %
Seq. Cash & cash equivalent TTM Growth 2.28 % 37.4 % 51.1 % 104.29 % -97.94 %


On the trailing twelve months basis LQDT Cash & cash equivalent more than doubled by 333.81 % in IV Quarter 2023 year on year, while Current Liabilities rose to $121 millions, this led to increase in in Liquidity Services Inc's Quick Ratio to 0.05, Quick Ratio remained below LQDT average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Professional Services industry 107 other companies have achieved higher Quick Ratio than Liquidity Services Inc. While Quick Ratio overall ranking has improved so far to 3323, from total ranking during the twelve months ending third quarter 2023 at 4023.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Professional Services Industry # 108
Services Sector # 428
Within the Market # 3323


trailing twelve months Quick Ratio Statistics
High Average Low
1.62 0.95 0.04
(Dec 31 2016)   (Jun 30 2023)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Professional Services Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Mj Holdings Inc   0.18 $ 0.393  Millions$ 2.203  Millions
Comscore Inc   0.17 $ 30.253  Millions$ 178.873  Millions
Cfn Enterprises Inc   0.16 $ 2.038  Millions$ 12.446  Millions
Enviri Corporation  0.16 $ 95.592  Millions$ 592.889  Millions
Loop Media inc   0.16 $ 3.069  Millions$ 19.055  Millions
Envestnet inc   0.16 $ 43.211  Millions$ 270.245  Millions
Zeuus Inc   0.16 $ 0.365  Millions$ 2.331  Millions
Alight Inc   0.13 $ 276.000  Millions$ 2,084.000  Millions
Manpowergroup Inc   0.13 $ 571.100  Millions$ 4,427.700  Millions
Cra International inc   0.12 $ 27.604  Millions$ 224.248  Millions
National Rural Utilities Cooperative Finance Corpo  0.11 $ 624.883  Millions$ 5,507.128  Millions
Paysign Inc   0.11 $ 9.937  Millions$ 90.010  Millions
Maximus Inc   0.11 $ 65.405  Millions$ 612.685  Millions
Cross Country Healthcare inc  0.08 $ 14.301  Millions$ 180.796  Millions
Logiq Inc   0.07 $ 0.393  Millions$ 5.498  Millions
Liquidity Services Inc  0.07 $ 7.891  Millions$ 120.718  Millions
Donnelley Financial Solutions Inc   0.06 $ 11.700  Millions$ 182.300  Millions
Borrowmoney com Inc   0.06 $ 0.049  Millions$ 0.800  Millions
Value Exchange International Inc   0.06 $ 0.235  Millions$ 3.917  Millions
Waitr Holdings Inc   0.06 $ 4.654  Millions$ 79.520  Millions
Dhi Group Inc   0.06 $ 3.724  Millions$ 64.169  Millions
I3 Verticals Inc   0.06 $ 3.112  Millions$ 53.677  Millions
Piedmont Office Realty Trust Inc   0.04 $ 5.044  Millions$ 120.579  Millions
Janel Corp  0.04 $ 2.461  Millions$ 58.837  Millions
Amn Healthcare Services Inc   0.04 $ 29.377  Millions$ 707.126  Millions
Cf Acquisition Corp Viii  0.04 $ 0.065  Millions$ 1.743  Millions
Bgsf Inc   0.03 $ 0.003  Millions$ 0.087  Millions
Relx Plc  0.03 $ 169.000  Millions$ 5,490.000  Millions
Fidelity National Information Services Inc   0.03 $ 466.000  Millions$ 15,342.000  Millions
Priority Technology Holdings Inc   0.03 $ 24.595  Millions$ 810.032  Millions

Date modified: 2023-12-08T14:03:56+00:00



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