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Mercer International Inc   (MERC)
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Mercer International Inc 's Quick Ratio

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


Mercer International Inc 's Cash & cash equivalent grew by 61.12 % in the III Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Mercer International Inc 's Quick Ratio to 1.28, above Mercer International Inc average Quick Ratio.

Within Paper & Paper Products industry Mercer International Inc booked the highest Quick Ratio than Mercer International Inc in the third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 1132 to 1551.

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


MERC Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change -17.09 % 35.25 % 36.1 % 33.53 % 25.97 %
Y / Y Cash & cash equivalent Change -5.11 % -56.89 % -26.82 % 2.44 % 6.94 %
Quick Ratio MRQ 1.28 0.58 0.79 0.94 1.12
MERC's Total Ranking # 1551 # 1132 # 1932 # 308 # 1926
Seq. Current Liabilities Change -27.69 % -3.19 % 1.22 % 17.01 % 17.96 %
Seq. Cash & cash equivalent Change 61.12 % -29.02 % -15.1 % -2.27 % -26.8 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Paper & Paper Products Industry # 1
Basic Materials Sector # 71
Overall Market # 1551


Quick Ratio Statistics
High Average Low
1.86 1.17 0.33
(Mar 31 2017)   (Dec 31 2017)




Financial Statements
Mercer International Inc 's Current Liabilities $ 268 Millions Visit MERC's Balance sheet
Mercer International Inc 's Cash & cash equivalent $ 344 Millions Visit MERC's Balance sheet
Source of MERC's Sales Visit MERC's Sales by Geography


Cumulative Mercer International Inc 's Quick Ratio

MERC's Quick Ratio for the trailling 12 Months

MERC Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -17.09 % 35.25 % 36.1 % 33.53 % 25.97 %
Y / Y Cash & cash equivalent TTM Growth -5.11 % -56.89 % -26.82 % 2.44 % 6.94 %
Quick Ratio TTM 0.87 0.85 1.11 1.29 1.39
Total Ranking TTM # 1510 # 1652 # 1579 # 1758 # 1698
Seq. Current Liabilities TTM Growth -27.69 % -3.19 % 1.22 % 17.01 % 17.96 %
Seq. Cash & cash equivalent TTM Growth 61.12 % -29.02 % -15.1 % -2.27 % -26.8 %


On the trailing twelve months basis Current Liabilities decreased faster than Mercer International Inc 's average Cash & cash equivalent, this led to increase in in Mercer International Inc 's Quick Ratio to 0.87, Quick Ratio remained below MERC average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Paper & Paper Products industry 10 other companies have achieved higher Quick Ratio than Mercer International Inc . While Quick Ratio overall ranking has improved so far to 3794, from total ranking during the twelve months ending second quarter 2023 at 3888.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Paper & Paper Products Industry # 11
Basic Materials Sector # 280
Within the Market # 1551


trailing twelve months Quick Ratio Statistics
High Average Low
1.67 1.19 0.76
(Mar 31 2021)   (Mar 31 2018)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Paper & Paper Products Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Mercer International Inc   1.28 $ 343.725  Millions$ 267.866  Millions
Ranpak Holdings Corp   1.14 $ 52.100  Millions$ 45.900  Millions
It Tech Packaging Inc   0.78 $ 9.438  Millions$ 12.025  Millions
Clearwater Paper Corporation  0.42 $ 110.200  Millions$ 260.900  Millions
International Paper Company  0.30 $ 1,149.000  Millions$ 3,882.000  Millions
Sylvamo Corporation  0.29 $ 194.000  Millions$ 674.000  Millions

Date modified: 2023-11-03T15:53:29+00:00



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