Matson Inc 's Quick Ratio

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

Matson Inc 's Cash & cash equivalent grew by 549.42 % in the II Quarter 2024 sequentially, faster than Current Liabilities, this led to improvement in Matson Inc 's Quick Ratio to 0.36, above Matson inc average Quick Ratio.

Within Cruise and Shipping industry only one company has achieved higher Quick Ratio in second quarter 2024. While Quick Ratio total ranking has improved so far during the II Quarter 2024 to 1315, from total ranking in the first quarter 2024 at 2023.

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

Select the Comparisons :

None ▼

Select the Ratio:

Quick Ratio ▼

None ▼

Quick Ratio ▼

MATX Quick Ratio	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter
Y / Y Current Liabilities Change	9.51 %	-0.75 %	-2.83 %	-2.19 %	-12.09 %
Y / Y Cash & cash equivalent Change	37.87 %	-70.73 %	-46.36 %	-35.54 %	-79.97 %
Quick Ratio MRQ	0.36	0.06	0.31	0.35	0.29
MATX's Total Ranking	# 1315	# 2023	# 2227	# 1415	# 627
Seq. Current Liabilities Change	15.8 %	-6.3 %	-3.91 %	5.03 %	4.95 %
Seq. Cash & cash equivalent Change	549.42 %	-80.67 %	-14.38 %	28.28 %	37.85 %

New: More MATX's historic Quick Ratios >>

Quick Ratio second quarter 2024 Company Ranking
Within:	No.
Cruise and Shipping Industry	# 2
Services Sector	# 159
Overall Market	# 1315

Quick Ratio Statistics
High	Average	Low
1.46	0.29	0.03
(Mar 31 2015)		(Mar 31 2021)

Financial Statements
Matson Inc 's Current Liabilities	$ 462 Millions	Visit MATX's Balance sheet
Matson Inc 's Cash & cash equivalent	$ 168 Millions	Visit MATX's Balance sheet
Source of MATX's Sales		Visit MATX's Sales by Geography

Cumulative Matson Inc 's Quick Ratio

MATX's Quick Ratio for the trailling 12 Months

MATX Quick Ratio	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter
Y / Y Current Liabilities TTM Growth	9.51 %	-0.75 %	-2.83 %	-2.19 %	-12.09 %
Y / Y Cash & cash equivalent TTM Growth	37.87 %	-70.73 %	-46.36 %	-35.54 %	-79.97 %
Quick Ratio TTM	0.28	0.26	0.3	0.36	0.41
Total Ranking TTM	# 1743	# 2807	# 1840	# 3815	# 3698
Seq. Current Liabilities TTM Growth	15.8 %	-6.3 %	-3.91 %	5.03 %	4.95 %
Seq. Cash & cash equivalent TTM Growth	549.42 %	-80.67 %	-14.38 %	28.28 %	37.85 %

Quick ratio ranking by company, industry and sector >> Back to MATX Financial Strength Comparisons >> Go to Compare MATX Quick Ratio to its Competitors

On the trailing twelve months basis MATX Cash & cash equivalent grew by 37.87 % in II Quarter 2024 year on year, faster than Current Liabilities, this led to increase in in Matson Inc 's Quick Ratio to 0.28, Quick Ratio remained below MATX average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Cruise and Shipping industry 6 other companies have achieved higher Quick Ratio than Matson Inc . While Quick Ratio overall ranking has improved so far to 1743, from total ranking during the twelve months ending first quarter 2024 at 2807.

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

TTM Quick Ratio Company Ranking
Within:	No.
Within the Cruise and Shipping Industry	# 7
Services Sector	# 274
Within the Market	# 1743

trailing twelve months Quick Ratio Statistics
High	Average	Low
1.23	0.33	0.03
(March 31, 2015)		(Jun 30 2021)

Companies with similar Quick Ratio in the quarter ending Jun 30 2024, within Cruise and Shipping Industry	Quick Ratio	Jun 30 2024 MRQ Cash & cash equivalent	Jun 30 2024 MRQ Current Liabilities
Tidewater Inc	0.93	$ 315.897 Millions	$ 340.224 Millions
Matson inc	0.36	$ 168.200 Millions	$ 461.800 Millions
Carnival Corporation	0.12	$ 1,646.000 Millions	$ 13,385.000 Millions
Royal Caribbean Cruises Ltd	0.11	$ 391.000 Millions	$ 3,585.000 Millions
Norwegian Cruise Line Holdings ltd	0.09	$ 594.098 Millions	$ 6,633.916 Millions
Ncl Corporation ltd	0.09	$ 588.155 Millions	$ 6,695.336 Millions

Date modified: 2024-09-07T16:43:52+00:00

Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.
Copyright © 2024 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com