Nextgen Healthcare Inc Quick Ratio (NXGN) starting from the second quarter 2023 to second quarter 2022, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Nextgen Healthcare Inc   (NASDAQ: NXGN)

Nextgen Healthcare Inc 's Quick Ratio

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


Current Liabilities decreased faster than Nextgen Healthcare Inc 's Cash & cash equivalent, this led to improvement in Nextgen Healthcare Inc 's Quick Ratio to 1.43, above Nextgen Healthcare Inc average Quick Ratio.

Within Cloud Computing & Data Analytics industry 29 other companies have achieved higher Quick Ratio than Nextgen Healthcare Inc in second quarter 2023. While Quick Ratio total ranking in the second quarter 2023 has deteriorated compared to the prior quarter from 485 to 1374.

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




NXGN 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 -14.67 % 6.5 % 9.54 % -9.51 % -1.5 %
Y / Y Cash & cash equivalent Change 162.06 % 366.13 % 267.96 % 359.01 % -3.99 %
Quick Ratio MRQ 1.43 1.34 1.24 1.62 0.46
NXGN's Total Ranking # 1374 # 485 # 1580 # 1495 # 2770
Seq. Current Liabilities Change -14.28 % -15.28 % 28.48 % -8.55 % 6.99 %
Seq. Cash & cash equivalent Change -9.07 % -8.11 % -1.55 % 218.58 % 61.74 %



Quick Ratio second quarter 2023 Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 30
Technology Sector # 218
Overall Market # 1374


Quick Ratio Statistics
High Average Low
1.62 0.69 0.23
(Dec 31 2022)   (Mar 31 2018)




Financial Statements
Nextgen Healthcare Inc 's Current Liabilities $ 144 Millions Visit NXGN's Balance sheet
Nextgen Healthcare Inc 's Cash & cash equivalent $ 205 Millions Visit NXGN's Balance sheet
Source of NXGN's Sales Visit NXGN's Sales by Geography


Cumulative Nextgen Healthcare Inc 's Quick Ratio

NXGN's Quick Ratio for the trailling 12 Months

NXGN 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 -1.99 % 1.28 % 0.15 % -2.91 % 1 %
Y / Y Cash & cash equivalent TTM Growth 273.64 % 218.25 % 128 % 55.67 % -23.49 %
Quick Ratio TTM 1.39 1.16 0.92 0.67 0.37
Total Ranking TTM # 3855 # 1336 # 3753 # 36 # 2369
Seq. Current Liabilities TTM Growth -3.59 % 1.51 % 2.61 % -2.39 % -0.38 %
Seq. Cash & cash equivalent TTM Growth 15.88 % 28.51 % 40.38 % 78.73 % -1.3 %


On the trailing twelve months basis NXGN Cash & cash equivalent more than doubled by 162.06 % in Q2 2023 year on year, while Current Liabilities fell to $144 millions, this led to increase in in Nextgen Healthcare Inc 's Quick Ratio to 1.39, above NXGN average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Cloud Computing & Data Analytics industry 116 other companies have achieved higher Quick Ratio than Nextgen Healthcare Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2023 from 1336 to 3855.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Cloud Computing & Data Analytics Industry # 117
Technology Sector # 655
Within the Market # 3855


trailing twelve months Quick Ratio Statistics
High Average Low
1.39 0.59 0.26
(Sep 30 2023)   (Jun 30 2018)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Cloud Computing & Data Analytics Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Hashicorp Inc   3.64 $ 1,255.651  Millions$ 344.680  Millions
Trivago N v   3.54 $ 142.704  Millions$ 40.305  Millions
Sophia Genetics Sa  3.46 $ 123.251  Millions$ 35.621  Millions
Telos Corporation  3.38 $ 99.953  Millions$ 29.583  Millions
Sohu com Limited  3.29 $ 960.274  Millions$ 291.563  Millions
Propertyguru Group Limited  3.19 $ 232.243  Millions$ 72.836  Millions
Life360 Inc   3.15 $ 61.848  Millions$ 19.615  Millions
Epam Systems Inc   3.15 $ 1,933.408  Millions$ 613.578  Millions
Mind Cti Ltd  3.12 $ 16.604  Millions$ 5.326  Millions
Data Storage Corporation  3.03 $ 11.525  Millions$ 3.800  Millions
Ccc Intelligent Solutions Holdings Inc   3.02 $ 448.733  Millions$ 148.554  Millions
Livevox Holdings Inc   2.93 $ 57.400  Millions$ 19.605  Millions
Liveramp Holdings Inc   2.81 $ 524.089  Millions$ 186.697  Millions
Marin Software Incorporated  2.69 $ 13.597  Millions$ 5.049  Millions
Doubledown Interactive Co Ltd   2.63 $ 271.167  Millions$ 103.220  Millions
Digimarc Corp  2.46 $ 33.331  Millions$ 13.522  Millions
Playtika Holding Corp   2.19 $ 878.200  Millions$ 400.600  Millions
Nerdwallet Inc   1.92 $ 86.600  Millions$ 45.000  Millions
First Advantage Corporation  1.86 $ 167.041  Millions$ 90.049  Millions
Toast Inc   1.79 $ 1,030.000  Millions$ 574.000  Millions
Gravity co ltd   1.73 $ 171.196  Millions$ 98.984  Millions
Workday Inc   1.71 $ 6,879.984  Millions$ 4,029.390  Millions
Smartrent Inc   1.71 $ 211.000  Millions$ 123.611  Millions
Csp inc  1.67 $ 25.217  Millions$ 15.068  Millions
Veradigm Inc   1.59 $ 456.374  Millions$ 286.197  Millions
Verint Systems Inc  1.59 $ 210.331  Millions$ 132.433  Millions
Light and Wonder Inc   1.52 $ 941.000  Millions$ 619.000  Millions
Movano Inc  1.49 $ 8.270  Millions$ 5.533  Millions
Nextgen Healthcare Inc   1.43 $ 205.213  Millions$ 143.878  Millions
Tsr Inc   1.29 $ 8.467  Millions$ 6.561  Millions

Date modified: 2026-09-08T15:11:04+00:00



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