Midwest Holding Inc Quick Ratio (MDWT) starting from the third quarter 2023 to third quarter 2022, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Midwest Holding Inc   (NASDAQ: MDWT)
    Sector • Financial    Industry • Life Insurance
   Industry • Life Insurance
   Sector • Financial

Midwest Holding Inc 's Quick Ratio

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


Midwest Holding Inc 's Cash & cash equivalent grew by 6.5 % in the Q3 2023 sequentially, while Current Liabilities decreased, this led to improvement in Midwest Holding Inc 's Quick Ratio to 221.61 a new company high.

Within Life Insurance industry Midwest Holding Inc booked the highest Quick Ratio than Midwest Holding Inc in the third quarter 2023. While Quick Ratio total ranking has improved so far during the Q3 2023 to 25, from total ranking in the second quarter 2023 at 2673.

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




MDWT Quick Ratio (Sep 30 2023)
Q3
(Jun 30 2023)
Q2
(Mar 31 2023)
Q1
(Dec 31 2022)
Q4
(Sep 30 2022)
Q3
Y / Y Current Liabilities Change -98.96 % -98.53 % -92.94 % -95.77 % 58.46 %
Y / Y Cash & cash equivalent Change 183.24 % 226.57 % 222.23 % 224.22 % 70.23 %
Quick Ratio MRQ 221.61 174.8 35.74 58.11 0.81
MDWT's Total Ranking # 25 # 2673 # # #
Seq. Current Liabilities Change -15.99 % -76.68 % 78.08 % -97.03 % 19.59 %
Seq. Cash & cash equivalent Change 6.5 % 14.02 % 9.55 % 112.91 % 22.8 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Life Insurance Industry # 1
Financial Sector # 18
Overall Market # 25


Quick Ratio Statistics
High Average Low
221.61 12.55 0.64
(Sep 30 2023)   (Mar 31 2020)




Financial Statements
Midwest Holding Inc 's Current Liabilities $ 16 Millions Visit MDWT's Balance sheet
Midwest Holding Inc 's Cash & cash equivalent $ 3,560 Millions Visit MDWT's Balance sheet
Source of MDWT's Sales Visit MDWT's Sales by Geography


Cumulative Midwest Holding Inc 's Quick Ratio

MDWT's Quick Ratio for the trailling 12 Months

MDWT Quick Ratio

(Sep 30 2023)
12 Months
(Jun 30 2023)
12 Months
(Mar 31 2023)
12 Months
(Dec 31 2022)
12 Months
(Sep 30 2022)
12 Months
Y / Y Current Liabilities TTM Growth -96.8 % -62.48 % -27.24 % 10.91 % 60.37 %
Y / Y Cash & cash equivalent TTM Growth 211.54 % 191.87 % 151.79 % 108.24 % 59.32 %
Quick Ratio TTM 76.63 6.01 2.65 1.45 0.79
Total Ranking TTM # # # # #
Seq. Current Liabilities TTM Growth -90.38 % -42.94 % -26.61 % -20.45 % 12.64 %
Seq. Cash & cash equivalent TTM Growth 22.56 % 29.4 % 34.46 % 46.09 % 14.83 %


On the trailing twelve months basis MDWT Cash & cash equivalent more than doubled by 183.24 % in Q3 2023 year on year, while Current Liabilities faded to $16 millions, this led to increase in in Midwest Holding Inc 's Quick Ratio to 76.63, above MDWT average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Life Insurance industry MDWT achieved the highest Quick Ratio. While Quick Ratio overall ranking has improved so far to 0, from total ranking during the twelve months ending second quarter 2023 at 2178.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Life Insurance Industry # 1
Financial Sector # 18
Within the Market # 25


trailing twelve months Quick Ratio Statistics
High Average Low
221.61 12.55 0.64
(Sep 30 2023)   (Mar 31 2020)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Life Insurance Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Midwest Holding Inc   221.61 $ 3,559.557  Millions$ 16.062  Millions
Aegon Ltd   56.49 $ 4,936.971  Millions$ 87.390  Millions

Date modified: 2026-08-31T04:35:16+00:00



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