Petiq Inc 's Cash & cash equivalent grew by 231.56 % in the Q2 2024 sequentially, while Current Liabilities decreased, this led to improvement in Petiq Inc 's Quick Ratio to 0.46, above Petiq Inc average Quick Ratio.

Within Pharmacy Services & Retail Drugstore industry 3 other companies have achieved higher Quick Ratio than Petiq Inc in second quarter 2024. While Quick Ratio total ranking in the second quarter 2024 has deteriorated compared to the prior quarter from 1780 to 2510.

Explain Quick Ratio?
How much Cash & cash equivalents PETQ�s has?
What are PETQ�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.

PETQ Quick Ratio	(Jun 30 2024) Q2	(Mar 31 2024) Q1	(Dec 31 2023) Q4	(Sep 30 2023) Q3	(Jun 30 2023) Q2
Y / Y Current Liabilities Change	-4.71 %	-1.18 %	26.78 %	42.05 %	60.87 %
Y / Y Cash & cash equivalent Change	7.26 %	-0.14 %	14.92 %	119.71 %	1353.61 %
Quick Ratio MRQ	0.46	0.14	0.61	0.76	0.41
PETQ's Total Ranking	# 2510	# 1780	# 834	# 1777	# 2176
Seq. Current Liabilities Change	-0.72 %	-2.92 %	15.12 %	-14.12 %	2.96 %
Seq. Cash & cash equivalent Change	231.56 %	-78.2 %	-6.62 %	58.87 %	208.69 %

Quick Ratio second quarter 2024 Company Ranking
Within:	No.
Pharmacy Services & Retail Drugstore Industry	# 4
Retail Sector	# 65
Overall Market	# 2510

Quick Ratio Statistics
High	Average	Low
0.93	0.43	0.05
(Jun 30 2020)		(Jun 30 2022)

Financial Statements
Petiq Inc 's Current Liabilities	$ 183 Millions	Visit PETQ's Balance sheet
Petiq Inc 's Cash & cash equivalent	$ 84 Millions	Visit PETQ's Balance sheet
Source of PETQ's Sales		Visit PETQ's Sales by Geography

Cumulative Petiq Inc 's Quick Ratio

PETQ's Quick Ratio for the trailling 12 Months

PETQ Quick Ratio	(Jun 30 2024) 12 Months	(Mar 31 2024) 12 Months	(Dec 31 2023) 12 Months	(Sep 30 2023) 12 Months	(Jun 30 2023) 12 Months
Y / Y Current Liabilities TTM Growth	12.06 %	27.88 %	31.2 %	36.6 %	29.77 %
Y / Y Cash & cash equivalent TTM Growth	33.86 %	82.63 %	60.77 %	71.18 %	31.52 %
Quick Ratio TTM	0.49	0.47	0.47	0.48	0.41
Total Ranking TTM	# 4140	# 2105	# 1546	# 3778	# 2245
Seq. Current Liabilities TTM Growth	-1.24 %	-0.3 %	5.79 %	7.58 %	12.71 %
Seq. Cash & cash equivalent TTM Growth	1.65 %	-0.01 %	4.58 %	25.93 %	38.69 %

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

On the trailing twelve months basis PETQ Cash & cash equivalent improved by 7.26 % in Q2 2024 year on year, while Current Liabilities decreased to $183 millions, this led to increase in in Petiq Inc 's Quick Ratio to 0.49, above PETQ average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Pharmacy Services & Retail Drugstore industry 14 other companies have achieved higher Quick Ratio than Petiq Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2024 from 2105 to 4140.

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

TTM Quick Ratio Company Ranking
Within:	No.
Within the Pharmacy Services & Retail Drugstore Industry	# 15
Retail Sector	# 205
Within the Market	# 4140

trailing twelve months Quick Ratio Statistics
High	Average	Low
0.52	0.43	0.33
(Sep 30 2020)		(Mar 31 2023)

Companies with similar Quick Ratio in the quarter ending Jun 30 2024, within Pharmacy Services & Retail Drugstore Industry	Quick Ratio	Jun 30 2024 MRQ Cash & cash equivalent	Jun 30 2024 MRQ Current Liabilities
Petmed Express Inc	0.79	$ 45.992 Millions	$ 58.300 Millions
Nu Skin Enterprises Inc	0.75	$ 232.921 Millions	$ 308.593 Millions
Herbalife Ltd	0.57	$ 374.000 Millions	$ 659.700 Millions
Petiq Inc	0.46	$ 84.130 Millions	$ 182.678 Millions
Zerostack Corp	0.33	$ 6.135 Millions	$ 18.384 Millions
Cvs Health Corporation	0.20	$ 16,262.000 Millions	$ 81,386.000 Millions
111 Inc	0.20	$ 63.333 Millions	$ 320.931 Millions
Hwh International Inc	0.19	$ 0.959 Millions	$ 5.037 Millions
Cardinal Health Inc	0.14	$ 5,133.000 Millions	$ 35,640.000 Millions
Aixin Life International Inc	0.10	$ 0.615 Millions	$ 6.217 Millions

Date modified: 2026-09-08T15:11:18+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.