Rackwise Quick Ratio (RACK) starting from the first quarter 2014 to first quarter 2012, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
RACK's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Regardless of the sequential decrease in Current Liabilities, during the first quarter 2014, Quick Ratio deteriorated to 0.01 below Rackwise's average Quick Ratio.
Within Software & Programming industry 156 other companies have achieved higher Quick Ratio than Rackwise in first quarter 2014. While Quick Ratio total ranking in the first quarter 2014 has deteriorated compared to the prior quarter from 4730 to 4796.
On the trailing twelve months basis RACK Cash & cash equivalent more than doubled by 186.22 % in Q1 2014 year on year, while Current Liabilities faded to $7 millions, this led to