Pine Technology Acquisition Quick Ratio (PTOC) starting from the third quarter 2022 to third quarter 2021, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Pine Technology Acquisition Corp   (NASDAQ: PTOC)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology

Pine Technology Acquisition 's Quick Ratio

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


Pine Technology Acquisition 's Cash & cash equivalent grew by 1184.86 % in the Q3 2022 sequentially, while Current Liabilities decreased, this led to improvement in Pine Technology Acquisition 's Quick Ratio to 0.74, Quick Ratio remained below Pine Technology Acquisition Corp average.

Within Software & Programming industry 169 other companies have achieved higher Quick Ratio than Pine Technology Acquisition in third quarter 2022. While Quick Ratio total ranking has improved so far during the Q3 2022 to 3292, from total ranking in the second quarter 2022 at 5894.

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




PTOC Quick Ratio (Sep 30 2022)
Q3
(Jun 30 2022)
Q2
(Mar 31 2022)
Q1
(Dec 31 2021)
Q4
(Sep 30 2021)
Q3
Y / Y Current Liabilities Change 655.83 % 1941.96 % 120.73 % 4603.57 % -
Y / Y Cash & cash equivalent Change 136.25 % -90.26 % -94.05 % - -
Quick Ratio MRQ 0.74 0.05 0.06 0.22 2.36
PTOC's Total Ranking # 3292 # 5894 # 5847 # 5473 # 2278
Seq. Current Liabilities Change -5.04 % 10.85 % 1.21 % 609.45 % 156.53 %
Seq. Cash & cash equivalent Change 1184.86 % -5.76 % -70.01 % -34.94 % -47.02 %



Quick Ratio third quarter 2022 Company Ranking
Within: No.
Software & Programming Industry # 170
Technology Sector # 498
Overall Market # 3180


Quick Ratio Statistics
High Average Low
11.42 2.46 0.05
(Jun 30 2021)   (Jun 30 2022)




Financial Statements
Pine Technology Acquisition 's Current Liabilities $ 2 Millions Visit PTOC's Balance sheet
Pine Technology Acquisition 's Cash & cash equivalent $ 1 Millions Visit PTOC's Balance sheet
Source of PTOC's Sales Visit PTOC's Sales by Geography


Cumulative Pine Technology Acquisition 's Quick Ratio

PTOC's Quick Ratio for the trailling 12 Months

PTOC Quick Ratio

(Sep 30 2022)
12 Months
(Jun 30 2022)
12 Months
(Mar 31 2022)
12 Months
(Dec 31 2021)
12 Months
(Sep 30 2021)
12 Months
Y / Y Current Liabilities TTM Growth 521.49 % 512.44 % 360.19 % 7681.82 % -
Y / Y Cash & cash equivalent TTM Growth -44.97 % -60.7 % 13.93 % - -
Quick Ratio TTM 0.27 0.21 0.56 1.37 3.03
Total Ranking TTM # 2274 # 4708 # 2758 # 1827 # 0
Seq. Current Liabilities TTM Growth 28.23 % 48.32 % 33.46 % 144.85 % 26.36 %
Seq. Cash & cash equivalent TTM Growth 67.13 % -45.63 % -45.22 % 10.55 % 19.36 %


On the trailing twelve months basis PTOC Cash & cash equivalent more than doubled by 136.25 % in Q3 2022 year on year, faster than Current Liabilities, this led to increase in in Pine Technology Acquisition 's Quick Ratio to 0.27, Quick Ratio remained below PTOC average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Software & Programming industry 147 other companies have achieved higher Quick Ratio than Pine Technology Acquisition . While Quick Ratio overall ranking has improved so far to 2274, from total ranking during the twelve months ending second quarter 2022 at 4708.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Software & Programming Industry # 148
Technology Sector # 412
Within the Market # 2274


trailing twelve months Quick Ratio Statistics
High Average Low
0.56 0.39 0.21
(Mar 31 2022)   (Jun 30 2022)




Companies with similar Quick Ratio in the quarter ending Sep 30 2022, within Software & Programming Industry Quick RatioSep 30 2022 MRQ Cash & cash equivalentSep 30 2022 MRQ Current Liabilities
Amplitude Inc   2.00 $ 247.248  Millions$ 123.524  Millions
Pagerduty Inc   1.94 $ 459.437  Millions$ 237.349  Millions
Hubspot Inc   1.92 $ 1,284.356  Millions$ 668.209  Millions
Channeladvisor Corporation  1.91 $ 88.115  Millions$ 46.048  Millions
Avepoint Inc   1.84 $ 219.784  Millions$ 119.185  Millions
Microsoft Corporation  1.83 $ 84,378.000  Millions$ 46,049.000  Millions
Alteryx Inc   1.82 $ 379.907  Millions$ 208.459  Millions
Intellicheck Inc   1.82 $ 11.775  Millions$ 6.475  Millions
Global e Online Ltd   1.78 $ 228.199  Millions$ 128.210  Millions
Zuora Inc  1.75 $ 400.602  Millions$ 228.398  Millions
Sentinelone Inc  1.73 $ 701.284  Millions$ 404.835  Millions
Manhattan Associates Inc   1.72 $ 197.055  Millions$ 114.580  Millions
Cadence Design Systems Inc   1.70 $ 1,026.051  Millions$ 604.688  Millions
Expensify Inc   1.68 $ 106.212  Millions$ 63.161  Millions
Cerence Inc   1.66 $ 115.164  Millions$ 69.300  Millions
Liveperson Inc   1.66 $ 393.330  Millions$ 236.836  Millions
Seachange International Inc  1.64 $ 14.498  Millions$ 8.861  Millions
Skkynet Cloud Systems Inc   1.60 $ 0.730  Millions$ 0.455  Millions
Weave Communications Inc   1.58 $ 118.358  Millions$ 74.760  Millions
Smith Micro Software Inc   1.49 $ 19.001  Millions$ 12.765  Millions
Sprinklr Inc   1.48 $ 544.114  Millions$ 368.497  Millions
Blackberry Limited  1.47 $ 997.000  Millions$ 680.000  Millions
Elastic N v   1.46 $ 856.237  Millions$ 586.972  Millions
Sprout Social Inc   1.44 $ 172.108  Millions$ 119.456  Millions
Backblaze Inc   1.43 $ 77.439  Millions$ 54.221  Millions
Evercommerce Inc   1.42 $ 91.473  Millions$ 64.409  Millions
Usertesting Inc   1.42 $ 164.618  Millions$ 116.110  Millions
Gitlab Inc   1.41 $ 372.169  Millions$ 264.479  Millions
Wm Technology Inc   1.40 $ 34.170  Millions$ 24.323  Millions
Nice Ltd   1.38 $ 1,571.539  Millions$ 1,141.217  Millions

Date modified: 2026-09-26T07:40:22+00:00



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