Mimecast Limited Quick Ratio (MIME) starting from the third quarter 2021 to third quarter 2020, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Mimecast Limited  (NASDAQ: MIME)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology

Mimecast Limited's Quick Ratio

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


Mimecast Limited's Cash & cash equivalent grew by 13.51 % in the Q3 2021 sequentially, faster than Current Liabilities, this led to improvement in Mimecast Limited's Quick Ratio to 1.14, above Mimecast Limited average Quick Ratio.

Within Software & Programming industry 156 other companies have achieved higher Quick Ratio than Mimecast Limited in third quarter 2021. While Quick Ratio total ranking has improved so far during the Q3 2021 to 2565, from total ranking in the second quarter 2021 at 2628.

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




MIME Quick Ratio (Dec 31 2021)
Q3
(Sep 30 2021)
Q2
(Jun 30 2021)
Q1
(Mar 31 2021)
Q4
(Dec 31 2020)
Q3
Y / Y Current Liabilities Change 13.33 % 15.72 % 18.12 % 21.23 % 19.38 %
Y / Y Cash & cash equivalent Change 53.63 % 58.92 % 70.46 % 68.4 % 42.68 %
Quick Ratio MRQ 1.14 1.09 1 0.76 0.84
MIME's Total Ranking # 2565 # 2628 # 2709 # 2216 # 2892
Seq. Current Liabilities Change 8.27 % -0.16 % -12.55 % 19.89 % 10.55 %
Seq. Cash & cash equivalent Change 13.51 % 8.34 % 15.53 % 8.14 % 17.42 %



Quick Ratio third quarter 2021 Company Ranking
Within: No.
Software & Programming Industry # 157
Technology Sector # 429
Overall Market # 2565


Quick Ratio Statistics
High Average Low
1.54 1.01 0.6
(Jun 30 2016)   (Mar 31 2020)




Financial Statements
Mimecast Limited's Current Liabilities $ 364 Millions Visit MIME's Balance sheet
Mimecast Limited's Cash & cash equivalent $ 416 Millions Visit MIME's Balance sheet
Source of MIME's Sales Visit MIME's Sales by Geography


Cumulative Mimecast Limited's Quick Ratio

MIME's Quick Ratio for the trailling 12 Months

MIME Quick Ratio

(Dec 31 2021)
12 Months
(Sep 30 2021)
12 Months
(Jun 30 2021)
12 Months
(Mar 31 2021)
12 Months
(Dec 31 2020)
12 Months
Y / Y Current Liabilities TTM Growth 17.1 % 18.66 % 18.65 % 18.72 % 51.88 %
Y / Y Cash & cash equivalent TTM Growth 61.79 % 60 % 50.35 % 36.06 % 26.04 %
Quick Ratio TTM 0.99 0.92 0.85 0.77 0.72
Total Ranking TTM # 5763 # 5699 # 1343 # 5717 # 1049
Seq. Current Liabilities TTM Growth 3.11 % 3.43 % 4.03 % 5.55 % 4.49 %
Seq. Cash & cash equivalent TTM Growth 11.45 % 12 % 14.09 % 13.61 % 10.22 %


On the trailing twelve months basis MIME Cash & cash equivalent soared by 53.63 % in Q3 2021 year on year, faster than Current Liabilities, this led to increase in in Mimecast Limited's Quick Ratio to 0.99, above MIME average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Software & Programming industry 272 other companies have achieved higher Quick Ratio than Mimecast Limited. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2021 from 5699 to 5763.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Software & Programming Industry # 273
Technology Sector # 842
Within the Market # 5763


trailing twelve months Quick Ratio Statistics
High Average Low
1.13 0.89 0.69
0   (Jun 30 2020)




Companies with similar Quick Ratio in the quarter ending Dec 31 2021, within Software & Programming Industry Quick RatioDec 31 2021 MRQ Cash & cash equivalentDec 31 2021 MRQ Current Liabilities
Lottery com Inc   3.10 $ 32.639  Millions$ 10.533  Millions
Appfolio Inc   3.05 $ 183.792  Millions$ 60.322  Millions
Oracle Corporation  3.03 $ 46,554.000  Millions$ 15,389.000  Millions
Motorsport Games Inc   2.99 $ 17.820  Millions$ 5.952  Millions
Gladstone Acquisition Corporation  2.91 $ 0.769  Millions$ 0.265  Millions
Wm Technology Inc   2.79 $ 67.777  Millions$ 24.280  Millions
Veeva Systems Inc   2.77 $ 2,376.104  Millions$ 858.259  Millions
Corecard Corporation  2.69 $ 29.244  Millions$ 10.853  Millions
Avalara Inc.  2.67 $ 1,514.064  Millions$ 567.673  Millions
Snowflake Inc   2.65 $ 3,852.093  Millions$ 1,454.808  Millions
Ironnet Inc   2.65 $ 48.166  Millions$ 18.191  Millions
Q2 Holdings Inc   2.54 $ 427.726  Millions$ 168.358  Millions
Sps Commerce Inc   2.50 $ 257.310  Millions$ 102.872  Millions
Firefly Neuroscience Inc   2.49 $ 4.931  Millions$ 1.982  Millions
Microsoft Corporation  2.46 $ 116,110.000  Millions$ 47,132.000  Millions
Avepoint Inc   2.41 $ 270.628  Millions$ 112.268  Millions
Jfrog Ltd   2.40 $ 421.128  Millions$ 175.264  Millions
Pdf Solutions Inc  2.39 $ 140.226  Millions$ 58.569  Millions
Pagerduty Inc   2.33 $ 543.356  Millions$ 233.180  Millions
Liveperson Inc   2.31 $ 521.846  Millions$ 226.344  Millions
Unity Software Inc   2.30 $ 1,737.099  Millions$ 756.372  Millions
Backblaze Inc   2.29 $ 104.843  Millions$ 45.879  Millions
Logility Supply Chain Solutions Inc   2.28 $ 114.818  Millions$ 50.358  Millions
Hello Group Inc   2.27 $ 874.143  Millions$ 385.059  Millions
Cango inc   2.26 $ 508.140  Millions$ 225.190  Millions
Vtex  2.25 $ 127.887  Millions$ 56.801  Millions
Intellicheck Inc   2.23 $ 13.651  Millions$ 6.126  Millions
Walkme Ltd   2.19 $ 277.184  Millions$ 126.808  Millions
Electronic Arts Inc   2.15 $ 6,366.000  Millions$ 2,964.000  Millions
Squarespace Inc   2.15 $ 234.703  Millions$ 109.297  Millions

Date modified: 2026-09-26T07:28:20+00:00



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