Current Liabilities decreased faster than New Relic Inc 's Cash & cash equivalent, this led to improvement in New Relic Inc 's Quick Ratio to 1.11, Quick Ratio remained below New Relic Inc average.

Within Software & Programming industry 118 other companies have achieved higher Quick Ratio than New Relic Inc in second quarter 2023. While Quick Ratio total ranking in the second quarter 2023 has deteriorated compared to the prior quarter from 1873 to 2003.

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

Select the Comparisons :

None ▼

Select the Ratio:

Quick Ratio ▼

None ▼

Quick Ratio ▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

NEWR Quick Ratio	(Sep 30 2023) Q2	(Jun 30 2023) Q1	(Mar 31 2023) Q4	(Dec 31 2022) Q3	(Sep 30 2022) Q2
Y / Y Current Liabilities Change	-56.14 %	-53.65 %	91.73 %	122.81 %	147.7 %
Y / Y Cash & cash equivalent Change	-47.61 %	-47.31 %	6.17 %	2.62 %	6.36 %
Quick Ratio MRQ	1.11	1.04	0.89	0.89	0.93
NEWR's Total Ranking	# 2003	# 1873	# 1808	# 2141	# 2059
Seq. Current Liabilities Change	-9.98 %	-55.63 %	9.62 %	0.17 %	-4.86 %
Seq. Cash & cash equivalent Change	-4.47 %	-48.06 %	9.95 %	-3.98 %	-3.92 %

Quick Ratio second quarter 2023 Company Ranking
Within:	No.
Software & Programming Industry	# 119
Technology Sector	# 346
Overall Market	# 2003

Quick Ratio Statistics
High	Average	Low
23.28	3.76	0.89
(Jun 30 2018)		(Dec 31 2022)

Financial Statements
New Relic Inc 's Current Liabilities	$ 395 Millions	Visit NEWR's Balance sheet
New Relic Inc 's Cash & cash equivalent	$ 437 Millions	Visit NEWR's Balance sheet
Source of NEWR's Sales		Visit NEWR's Sales by Geography

Cumulative New Relic Inc 's Quick Ratio

NEWR's Quick Ratio for the trailling 12 Months

NEWR Quick Ratio	(Sep 30 2023) 12 Months	(Jun 30 2023) 12 Months	(Mar 31 2023) 12 Months	(Dec 31 2022) 12 Months	(Sep 30 2022) 12 Months
Y / Y Current Liabilities TTM Growth	-1.56 %	44.8 %	121.94 %	98.73 %	70.54 %
Y / Y Cash & cash equivalent TTM Growth	-22.23 %	-8.87 %	5.35 %	4.16 %	3.37 %
Quick Ratio TTM	0.94	0.92	0.9	1.02	1.2
Total Ranking TTM	# 4247	# 3927	# 1570	# 3850	# 1401
Seq. Current Liabilities TTM Growth	-15.65 %	-13.59 %	14.49 %	17.96 %	24.07 %
Seq. Cash & cash equivalent TTM Growth	-13.36 %	-12.14 %	1.54 %	0.62 %	1.53 %

Quick ratio ranking by company, industry and sector >> Back to NEWR Financial Strength Comparisons >> Go to Compare NEWR Quick Ratio to its Competitors

On the trailing twelve months basis Current Liabilities decreased faster than New Relic Inc 's average Cash & cash equivalent, this led to increase in in New Relic Inc 's Quick Ratio to 0.94, Quick Ratio remained below NEWR average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Software & Programming industry 239 other companies have achieved higher Quick Ratio than New Relic Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2023 from 3927 to 4247.

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

TTM Quick Ratio Company Ranking
Within:	No.
Within the Software & Programming Industry	# 240
Technology Sector	# 751
Within the Market	# 4247

trailing twelve months Quick Ratio Statistics
High	Average	Low
2.93	1.89	0.9
(Mar 31 2019)		(Mar 31 2023)

Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Software & Programming Industry	Quick Ratio	Sep 30 2023 MRQ Cash & cash equivalent	Sep 30 2023 MRQ Current Liabilities
Duolingo Inc	2.99	$ 701.737 Millions	$ 234.934 Millions
Hopto Inc	2.93	$ 5.605 Millions	$ 1.913 Millions
Uipath Inc	2.90	$ 1,817.177 Millions	$ 627.685 Millions
Pdf Solutions Inc	2.81	$ 135.364 Millions	$ 48.174 Millions
Datadog Inc	2.78	$ 2,341.689 Millions	$ 842.476 Millions
Guidewire Software Inc	2.72	$ 712.947 Millions	$ 262.375 Millions
Hello Group Inc	2.69	$ 791.626 Millions	$ 294.656 Millions
Monday com Ltd	2.68	$ 1,116.128 Millions	$ 416.013 Millions
Blackberry Limited	2.60	$ 857.000 Millions	$ 330.000 Millions
Semrush Holdings Inc	2.60	$ 230.071 Millions	$ 88.658 Millions
Certara Inc	2.58	$ 272.312 Millions	$ 105.427 Millions
Coursera Inc	2.44	$ 721.153 Millions	$ 295.643 Millions
Altair Engineering Inc	2.44	$ 431.188 Millions	$ 176.863 Millions
On24 Inc	2.40	$ 213.739 Millions	$ 88.962 Millions
Pagerduty Inc	2.32	$ 575.313 Millions	$ 247.927 Millions
Meridianlink inc	2.29	$ 97.560 Millions	$ 42.554 Millions
Amplitude Inc	2.26	$ 321.477 Millions	$ 142.486 Millions
Zuora Inc	2.19	$ 493.737 Millions	$ 225.070 Millions
Jfrog Ltd	2.14	$ 502.178 Millions	$ 234.404 Millions
Cango inc	2.13	$ 233.197 Millions	$ 109.543 Millions
Xunlei Ltd	2.12	$ 271.880 Millions	$ 128.086 Millions
Definitive Healthcare Corp	2.09	$ 307.025 Millions	$ 147.142 Millions
Skkynet Cloud Systems Inc	2.06	$ 0.917 Millions	$ 0.445 Millions
N able Inc	2.05	$ 127.433 Millions	$ 62.312 Millions
Global e Online Ltd	2.01	$ 317.423 Millions	$ 158.249 Millions
Alarum Technologies Ltd	1.96	$ 10.872 Millions	$ 5.560 Millions
Enfusion inc	1.93	$ 31.652 Millions	$ 16.373 Millions
Blackline Inc	1.92	$ 1,161.969 Millions	$ 605.857 Millions
Hubspot Inc	1.90	$ 1,597.071 Millions	$ 839.202 Millions
Arqit Quantum inc	1.88	$ 50.324 Millions	$ 26.818 Millions

Date modified: 2026-09-08T15:11:05+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.