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Level 3 Parent Llc  (LVLT)
Other Ticker:  
 
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services

Level 3 Parent Llc's Quick Ratio

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


Level 3 Parent Llc's Cash & cash equivalent grew by 74.15 % in the II Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Level 3 Parent Llc's Quick Ratio to 0.13, Quick Ratio remained below Level 3 Parent Llc average.

Within Communications Services industry 6 other companies have achieved higher Quick Ratio than Level 3 Parent Llc in second quarter 2023. While Quick Ratio total ranking has improved so far during the II Quarter 2023 to 798, from total ranking in the first quarter 2023 at 3787.

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


LVLT Quick Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Current Liabilities Change -3.4 % 58.85 % -5.38 % -37.25 % -28.52 %
Y / Y Cash & cash equivalent Change 66.23 % -5.16 % -49.36 % -31.58 % -39.84 %
Quick Ratio MRQ 0.13 0.08 0.06 0.09 0.08
LVLT's Total Ranking # 798 # 3787 # 4202 # 0 # 3712
Seq. Current Liabilities Change 0.99 % 3.41 % 21.5 % -23.87 % 66.08 %
Seq. Cash & cash equivalent Change 74.15 % 24.58 % -9.23 % -15.58 % -0.65 %



Quick Ratio second quarter 2023 Company Ranking
Within: No.
Communications Services Industry # 7
Services Sector # 112
Overall Market # 798


Quick Ratio Statistics
High Average Low
1.54 0.47 0.08
(Sep 30 2017)   (Mar 31 2023)




Financial Statements
Level 3 Parent Llc's Current Liabilities $ 1,930 Millions Visit LVLT's Balance sheet
Level 3 Parent Llc's Cash & cash equivalent $ 256 Millions Visit LVLT's Balance sheet
Source of LVLT's Sales Visit LVLT's Sales by Geography


Cumulative Level 3 Parent Llc's Quick Ratio

LVLT's Quick Ratio for the trailling 12 Months

LVLT Quick Ratio

(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Current Liabilities TTM Growth -3.4 % 58.85 % -5.38 % -37.25 % -28.52 %
Y / Y Cash & cash equivalent TTM Growth 66.23 % -5.16 % -49.36 % -31.58 % -39.84 %
Quick Ratio TTM 0.09 0.08 0.08 0.1 0.1
Total Ranking TTM # 3146 # 3762 # 4154 # 0 # 3717
Seq. Current Liabilities TTM Growth 0.99 % 3.41 % 21.5 % -23.87 % 66.08 %
Seq. Cash & cash equivalent TTM Growth 74.15 % 24.58 % -9.23 % -15.58 % -0.65 %


On the trailing twelve months basis LVLT Cash & cash equivalent soared by 66.23 % in II Quarter 2023 year on year, while Current Liabilities rose to $1,930 millions, this led to increase in in Level 3 Parent Llc's Quick Ratio to 0.09, Quick Ratio remained below LVLT average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Communications Services industry 33 other companies have achieved higher Quick Ratio than Level 3 Parent Llc. While Quick Ratio overall ranking has improved so far to 3146, from total ranking during the twelve months ending first quarter 2023 at 3762.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Communications Services Industry # 34
Services Sector # 407
Within the Market # 3146


trailing twelve months Quick Ratio Statistics
High Average Low
1.29 0.48 0.09
(Sep 30 2017)   (Jun 30 2022)




Companies with similar Quick Ratio in the quarter ending Jun 30 2023, within Communications Services Industry Quick RatioJun 30 2023 MRQ Cash & cash equivalentJun 30 2023 MRQ Current Liabilities
Telef nica S a   0.36 $ 9,345.280  Millions$ 26,206.880  Millions
Shenandoah Telecommunications Company  0.32 $ 26.304  Millions$ 81.831  Millions
Surgepays Inc   0.28 $ 5.188  Millions$ 18.476  Millions
Atn International inc   0.28 $ 67.522  Millions$ 240.842  Millions
T mobile Us Inc   0.27 $ 6,647.000  Millions$ 24,569.000  Millions
Telef nica Brasil S a   0.22 $ 828.072  Millions$ 3,815.995  Millions
Konatel Inc   0.21 $ 1.135  Millions$ 5.399  Millions
Telephone And Data Systems Inc   0.20 $ 251.000  Millions$ 1,278.000  Millions
United States Cellular Corporation  0.18 $ 186.000  Millions$ 1,008.000  Millions
At and t Inc   0.18 $ 9,528.000  Millions$ 54,159.000  Millions
Level 3 Parent Llc  0.13 $ 256.000  Millions$ 1,930.000  Millions
Millicom International Cellular Sa  0.13 $ 893.000  Millions$ 6,850.000  Millions
High Wire Networks Inc   0.11 $ 1.203  Millions$ 11.138  Millions
Lumen Technologies inc   0.10 $ 411.000  Millions$ 3,963.000  Millions
Telecom Argentina Sa  0.10 $ 4,170.900  Millions$ 40,843.648  Millions
Verizon Communications Inc   0.10 $ 4,803.000  Millions$ 47,193.000  Millions
M3 brigade Acquisition Ii Corp   0.06 $ 0.324  Millions$ 5.126  Millions
Telus Corp  0.04 $ 818.854  Millions$ 20,949.334  Millions

Date modified: 2023-08-30T10:15:34+00:00



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