Mix Telematics Limited Quick Ratio (MIXT) starting from the third quarter 2023 to third quarter 2022, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Mix Telematics Limited  (NYSE: MIXT)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology

Mix Telematics Limited's Quick Ratio

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


In the wake of the increase in Current Liabilities in the third quarter 2023, Quick Ratio fell to 0.71 below Mix Telematics Limited average.

Within Software & Programming industry 157 other companies have achieved higher Quick Ratio than Mix Telematics Limited in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 1528 to 2580.

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




MIXT Quick Ratio (Dec 31 2023)
Q3
(Sep 30 2023)
Q2
(Jun 30 2023)
Q3
(Mar 31 2023)
Q4
(Dec 31 2022)
Q3
Y / Y Current Liabilities Change 27.55 % 29.23 % 67.05 % 34.3 % 47.52 %
Y / Y Cash & cash equivalent Change 2.34 % 50.43 % 10.49 % -11.75 % -30.38 %
Quick Ratio MRQ 0.71 0.85 0.82 0.54 0.89
MIXT's Total Ranking # 2580 # 1528 # 1771 # 2316 # 2005
Seq. Current Liabilities Change 3.58 % 4.59 % -40.21 % 96.94 % 4.93 %
Seq. Cash & cash equivalent Change -13.63 % 8.68 % -9.28 % 20.18 % 26.95 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Software & Programming Industry # 158
Technology Sector # 477
Overall Market # 2580


Quick Ratio Statistics
High Average Low
1.39 0.83 0.43
(Mar 31 2021)   (Sep 30 2022)




Financial Statements
Mix Telematics Limited's Current Liabilities $ 36 Millions Visit MIXT's Balance sheet
Mix Telematics Limited's Cash & cash equivalent $ 26 Millions Visit MIXT's Balance sheet
Source of MIXT's Sales Visit MIXT's Sales by Geography


Cumulative Mix Telematics Limited's Quick Ratio

MIXT's Quick Ratio for the trailling 12 Months

MIXT Quick Ratio

(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
(Jun 30 2023)
12 Months
(Mar 31 2023)
12 Months
(Dec 31 2022)
12 Months
Y / Y Current Liabilities TTM Growth 37.09 % 41.46 % 49.18 % 38.81 % 33.05 %
Y / Y Cash & cash equivalent TTM Growth 8.8 % -2.09 % -24.17 % -36.29 % -38.27 %
Quick Ratio TTM 0.71 0.74 0.71 0.76 0.89
Total Ranking TTM # 3994 # 3743 # 5794 # 4083 # 3374
Seq. Current Liabilities TTM Growth 5.12 % 5.46 % 10.21 % 12.2 % 8.47 %
Seq. Cash & cash equivalent TTM Growth 0.52 % 9.74 % 2.6 % -3.87 % -9.54 %


On the trailing twelve months basis Due to rise in Current Liabilities in the Q3 2023 to $35.86 millions, cumulative Quick Ratio decreased to 0.71 below the Mix Telematics Limited average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Software & Programming industry 228 other companies have achieved higher Quick Ratio than Mix Telematics Limited. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 3743 to 3994.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Software & Programming Industry # 229
Technology Sector # 711
Within the Market # 3994


trailing twelve months Quick Ratio Statistics
High Average Low
1.26 0.85 0.51
(Sep 30 2021)   (Jun 30 2023)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Software & Programming Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Sentinelone Inc  1.91 $ 925.956  Millions$ 485.396  Millions
Meridianlink inc   1.89 $ 80.441  Millions$ 42.534  Millions
Sapiens International Corp N V  1.88 $ 202.116  Millions$ 107.689  Millions
Appian Corporation  1.87 $ 168.662  Millions$ 90.072  Millions
Blackline Inc   1.85 $ 1,204.472  Millions$ 649.669  Millions
Blackberry Limited  1.85 $ 669.700  Millions$ 362.600  Millions
Zuora Inc  1.84 $ 514.185  Millions$ 279.415  Millions
Definitive Healthcare Corp   1.80 $ 308.068  Millions$ 170.682  Millions
Enfusion inc   1.75 $ 35.604  Millions$ 20.309  Millions
Walkme Ltd   1.74 $ 281.027  Millions$ 161.610  Millions
Q2 Holdings Inc   1.69 $ 324.008  Millions$ 191.563  Millions
Cerence Inc   1.68 $ 110.365  Millions$ 65.591  Millions
Workiva Inc  1.68 $ 813.722  Millions$ 484.500  Millions
Alarum Technologies Ltd  1.62 $ 10.872  Millions$ 6.731  Millions
Logility Supply Chain Solutions Inc   1.60 $ 78.308  Millions$ 48.823  Millions
Certara Inc   1.60 $ 234.951  Millions$ 146.766  Millions
Descartes Systems Group Inc  1.60 $ 320.952  Millions$ 200.555  Millions
Weave Communications Inc   1.49 $ 108.844  Millions$ 72.853  Millions
Cloopen Group Holding Limited  1.46 $ 112.749  Millions$ 76.996  Millions
Hubspot Inc   1.45 $ 1,388.232  Millions$ 956.247  Millions
Microsoft Corporation  1.44 $ 76,558.000  Millions$ 53,248.000  Millions
Bentley Systems Incorporated  1.37 $ 68.412  Millions$ 50.044  Millions
Couchbase Inc   1.37 $ 153.632  Millions$ 112.506  Millions
Snowflake Inc   1.35 $ 3,846.248  Millions$ 2,846.483  Millions
Yxt com Group Holding Limited  1.30 $ 90.168  Millions$ 69.102  Millions
Sprinklr Inc   1.30 $ 662.555  Millions$ 510.596  Millions
Crowdstrike Holdings Inc   1.29 $ 3,474.660  Millions$ 2,697.279  Millions
Alteryx Inc   1.28 $ 725.000  Millions$ 566.000  Millions
Elastic N v   1.28 $ 915.208  Millions$ 716.619  Millions
Servicetitan Inc   1.28 $ 146.710  Millions$ 114.949  Millions

Date modified: 2026-08-31T05:10:03+00:00



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