Model N Inc Quick Ratio (MODN) starting from the second quarter 2024 to second quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Model N Inc   (NYSE: MODN)

Model N Inc 's Quick Ratio

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


In the wake of the increase in Current Liabilities in the second quarter 2024, Quick Ratio fell to 3.03 above Model N Inc average.

Within Internet Services & Social Media industry 16 other companies have achieved higher Quick Ratio than Model N Inc in second quarter 2024. While Quick Ratio total ranking in the second quarter 2024 has deteriorated compared to the prior quarter from 559 to 950.

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




MODN Quick Ratio (Mar 31 2024)
Q2
(Dec 31 2023)
Q1
(Sep 30 2023)
Q4
(Jun 30 2023)
Q3
(Mar 31 2023)
Q2
Y / Y Current Liabilities Change 14.12 % 9.62 % -12.58 % 0.86 % 13.96 %
Y / Y Cash & cash equivalent Change 23.62 % 73.17 % 55.72 % 62.39 % 58.77 %
Quick Ratio MRQ 3.03 3.03 3.22 3.39 2.79
MODN's Total Ranking # 950 # 559 # 862 # 580 # 1044
Seq. Current Liabilities Change 10.23 % 7.28 % 5.86 % -8.83 % 5.88 %
Seq. Cash & cash equivalent Change 10.28 % 0.67 % 0.59 % 10.69 % 54.48 %



Quick Ratio second quarter 2024 Company Ranking
Within: No.
Internet Services & Social Media Industry # 17
Technology Sector # 140
Overall Market # 950


Quick Ratio Statistics
High Average Low
3.39 2.02 0.61
(Jun 30 2023)   (Dec 31 2017)




Financial Statements
Model N Inc 's Current Liabilities $ 111 Millions Visit MODN's Balance sheet
Model N Inc 's Cash & cash equivalent $ 335 Millions Visit MODN's Balance sheet
Source of MODN's Sales Visit MODN's Sales by Geography


Cumulative Model N Inc 's Quick Ratio

MODN's Quick Ratio for the trailling 12 Months

MODN Quick Ratio

(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
(Jun 30 2023)
12 Months
(Mar 31 2023)
12 Months
Y / Y Current Liabilities TTM Growth 2.56 % 2.15 % 2.97 % 9.91 % 7.46 %
Y / Y Cash & cash equivalent TTM Growth 50.38 % 62.36 % 48.69 % 38.91 % 27.69 %
Quick Ratio TTM 3.16 3.1 2.83 2.45 2.15
Total Ranking TTM # 3451 # 2738 # 3395 # 3425 # 3793
Seq. Current Liabilities TTM Growth 3.61 % 2.38 % -3.51 % 0.2 % 3.2 %
Seq. Cash & cash equivalent TTM Growth 5.44 % 12.25 % 11.48 % 13.97 % 13.84 %


On the trailing twelve months basis MODN Cash & cash equivalent grew by 23.62 % in Q2 2024 year on year, faster than Current Liabilities, this led to increase in in Model N Inc 's Quick Ratio to 3.16, above MODN average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Internet Services & Social Media industry 53 other companies have achieved higher Quick Ratio than Model N Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2023 from 2738 to 3451.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Internet Services & Social Media Industry # 54
Technology Sector # 606
Within the Market # 3451


trailing twelve months Quick Ratio Statistics
High Average Low
3.16 1.7 0.7
(Mar 31 2024)   (Mar 31 2018)




Companies with similar Quick Ratio in the quarter ending Mar 31 2024, within Internet Services & Social Media Industry Quick RatioMar 31 2024 MRQ Cash & cash equivalentMar 31 2024 MRQ Current Liabilities
Pinterest Inc   8.17 $ 2,776.409  Millions$ 339.883  Millions
Yalla Group Limited  6.44 $ 654.296  Millions$ 101.661  Millions
Ziprecruiter Inc   6.17 $ 512.981  Millions$ 83.125  Millions
Cf Acquisition Corp Vi  6.04 $ 183.835  Millions$ 30.429  Millions
Ceva Inc   5.54 $ 148.092  Millions$ 26.755  Millions
Doubleverify Holdings Inc   5.32 $ 334.329  Millions$ 62.884  Millions
Zoom Communications Inc   3.97 $ 7,374.340  Millions$ 1,855.901  Millions
Trump Media and Technology Group Corp   3.65 $ 233.701  Millions$ 64.005  Millions
Douyu International Holdings Ltd  3.32 $ 559.988  Millions$ 168.786  Millions
Global Mofy Metaverse Limited  3.27 $ 8.154  Millions$ 2.490  Millions
Adtheorent Holding Company Inc   3.14 $ 69.202  Millions$ 22.040  Millions
Model N Inc   3.03 $ 334.559  Millions$ 110.536  Millions
Match Group Inc   2.87 $ 920.867  Millions$ 320.347  Millions
Blend Labs Inc   2.85 $ 121.083  Millions$ 42.559  Millions
Huya inc   2.72 $ 721.159  Millions$ 265.490  Millions
Snap Inc  2.62 $ 2,911.015  Millions$ 1,112.445  Millions
Gan Limited  2.61 $ 36.592  Millions$ 13.996  Millions
Tripadvisor Inc   2.56 $ 1,171.000  Millions$ 457.000  Millions
Weibo Corporation  2.43 $ 2,350.484  Millions$ 968.136  Millions
Digitalocean Holdings Inc   2.22 $ 419.063  Millions$ 188.951  Millions
Meta Platforms Inc   2.07 $ 58,120.000  Millions$ 28,101.000  Millions
Viant Technology Inc   2.04 $ 206.057  Millions$ 101.028  Millions
Gds Holdings Limited  2.04 $ 1,178.359  Millions$ 577.959  Millions
Dada Nexus Limited  1.90 $ 411.442  Millions$ 216.154  Millions
Iac Inc   1.76 $ 1,280.110  Millions$ 727.215  Millions
Eventbrite Inc   1.72 $ 693.643  Millions$ 403.556  Millions
Baidu Inc   1.72 $ 19,061.000  Millions$ 11,091.000  Millions
Bumble Inc   1.70 $ 262.699  Millions$ 154.397  Millions
Integral Ad Science Holding Corp   1.59 $ 83.947  Millions$ 52.696  Millions
Jianpu Technology Inc   1.59 $ 91.737  Millions$ 57.823  Millions

Date modified: 2026-09-12T06:11:07+00:00



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