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Medpace Holdings Inc   (MEDP)
Other Ticker:  
 
    Sector  Healthcare    Industry Medical Laboratories
   Industry Medical Laboratories
   Sector  Healthcare

Medpace Holdings Inc 's Quick Ratio

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


Medpace Holdings Inc 's Cash & cash equivalent grew by 157.81 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Medpace Holdings Inc 's Quick Ratio to 0.67, above Medpace Holdings Inc average Quick Ratio.

Within Medical Laboratories industry 2 other companies have achieved higher Quick Ratio than Medpace Holdings Inc in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 323, from total ranking in the third quarter 2023 at 2773.

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


MEDP Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 7.2 % -18.16 % -24.23 % 95.96 % 60.29 %
Y / Y Cash & cash equivalent Change 768.38 % 207.05 % -8.02 % -43.36 % -93.87 %
Quick Ratio MRQ 0.67 0.29 0.11 0.11 0.08
MEDP's Total Ranking # 323 # 2773 # 825 # 3496 # 2093
Seq. Current Liabilities Change 10.77 % -8.88 % -12.98 % 22.04 % -15.44 %
Seq. Cash & cash equivalent Change 157.81 % 143.26 % -16.59 % 66.01 % -8.84 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Medical Laboratories Industry # 3
Healthcare Sector # 59
Overall Market # 323


Quick Ratio Statistics
High Average Low
2.17 0.61 0.08
(Dec 31 2021)   (Sep 30 2022)




Financial Statements
Medpace Holdings Inc 's Current Liabilities $ 365 Millions Visit MEDP's Balance sheet
Medpace Holdings Inc 's Cash & cash equivalent $ 245 Millions Visit MEDP's Balance sheet
Source of MEDP's Sales Visit MEDP's Sales by Geography


Cumulative Medpace Holdings Inc 's Quick Ratio

MEDP's Quick Ratio for the trailling 12 Months

MEDP Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 7.2 % -18.16 % -24.23 % 95.96 % 60.29 %
Y / Y Cash & cash equivalent TTM Growth 768.38 % 207.05 % -8.02 % -43.36 % -93.87 %
Quick Ratio TTM 0.29 0.14 0.1 0.09 0.13
Total Ranking TTM # 1880 # 3382 # 3725 # 3930 # 4428
Seq. Current Liabilities TTM Growth 10.77 % -8.88 % -12.98 % 22.04 % -15.44 %
Seq. Cash & cash equivalent TTM Growth 157.81 % 143.26 % -16.59 % 66.01 % -8.84 %


On the trailing twelve months basis MEDP Cash & cash equivalent more than doubled by 768.38 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Medpace Holdings Inc 's Quick Ratio to 0.29, Quick Ratio remained below MEDP average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Medical Laboratories industry 25 other companies have achieved higher Quick Ratio than Medpace Holdings Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 989 to 1804.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Medical Laboratories Industry # 26
Healthcare Sector # 479
Within the Market # 323


trailing twelve months Quick Ratio Statistics
High Average Low
0.77 0.29 0.04
(Dec 31 2021)   (Jun 30 2023)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Medical Laboratories Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Exact Sciences Corporation  1.60 $ 777.644  Millions$ 485.322  Millions
Ispecimen inc   0.83 $ 5.033  Millions$ 6.049  Millions
Natera inc   0.81 $ 236.882  Millions$ 290.662  Millions
Medpace Holdings Inc   0.67 $ 245.449  Millions$ 365.271  Millions
Quest Diagnostics Inc  0.41 $ 686.000  Millions$ 1,662.000  Millions
Inotiv Inc   0.35 $ 22.001  Millions$ 62.563  Millions
Charles River Laboratories International inc   0.34 $ 276.771  Millions$ 813.262  Millions
Iqvia Holdings Inc   0.32 $ 1,496.000  Millions$ 4,692.000  Millions
Koninklijke Philips Nv  0.25 $ 2,339.680  Millions$ 9,517.760  Millions
Fortrea Holdings Inc   0.21 $ 108.600  Millions$ 515.000  Millions
National Research Corporation  0.18 $ 6.653  Millions$ 36.203  Millions
Laboratory Corporation Of America Holdings  0.17 $ 536.800  Millions$ 3,225.200  Millions
Icon Plc  0.13 $ 380.056  Millions$ 2,825.608  Millions

Date modified: 2024-02-16T21:44:26+00:00



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