Red Hat Inc Quick Ratio (RHT) starting from the first quarter 2019 to first quarter 2018, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Red Hat Inc  (RHT)

Red Hat Inc's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the first quarter 2019, Quick Ratio deteriorated to 0.07 a new company low.

Within Internet Services & Social Media industry 60 other companies have achieved higher Quick Ratio than Red Hat Inc in first quarter 2019. While Quick Ratio total ranking in the first quarter 2019 has deteriorated compared to the prior quarter from 4173 to 4495.

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




RHT Quick Ratio (May 31 2019)
Q1
(Feb 28 2019)
Q4
(Nov 30 2018)
Q3
(Aug 31 2018)
Q2
(May 31 2018)
Q1
Y / Y Current Liabilities Change 17.02 % 18.09 % 29.51 % 16.63 % 27.07 %
Y / Y Cash & cash equivalent Change -46.15 % -10.34 % -77.39 % -84.03 % -79.87 %
Quick Ratio MRQ 0.07 0.11 0.16 0.13 0.14
RHT's Total Ranking # 4495 # 4173 # 438 # 326 # 329
Seq. Current Liabilities Change -2.16 % 15.19 % 12.85 % -7.99 % -1.27 %
Seq. Cash & cash equivalent Change -39.45 % -24.37 % 46.4 % -19.68 % 0.82 %



Quick Ratio first quarter 2019 Company Ranking
Within: No.
Internet Services & Social Media Industry # 61
Technology Sector # 663
Overall Market # 4495


Quick Ratio Statistics
High Average Low
1.72 0.94 0.07
(Aug. 31, 2010)   (May 31 2019)




Financial Statements
Red Hat Inc's Current Liabilities $ 2,664 Millions Visit RHT's Balance sheet
Red Hat Inc's Cash & cash equivalent $ 178 Millions Visit RHT's Balance sheet
Source of RHT's Sales Visit RHT's Sales by Geography


Cumulative Red Hat Inc's Quick Ratio

RHT's Quick Ratio for the trailling 12 Months

RHT Quick Ratio

(May 31 2019)
12 Months
(Feb 28 2019)
12 Months
(Nov 30 2018)
12 Months
(Aug 31 2018)
12 Months
(May 31 2018)
12 Months
Y / Y Current Liabilities TTM Growth 20.02 % 22.53 % 22.49 % 20.53 % 21.22 %
Y / Y Cash & cash equivalent TTM Growth -72.13 % -76.11 % -78.94 % -54.52 % -26.36 %
Quick Ratio TTM 0.11 0.13 0.14 0.31 0.49
Total Ranking TTM # 5190 # 2940 # 2707 # 40 # 1912
Seq. Current Liabilities TTM Growth 4.1 % 4.61 % 6.33 % 3.64 % 6.28 %
Seq. Cash & cash equivalent TTM Growth -11.93 % -2.58 % -50.34 % -34.58 % -24.5 %


On the trailing twelve months basis Due to decrease in Current Liabilities in the Q1 2019 to $2,663.75 millions, cumulative Quick Ratio decreased to 0.11 below the Red Hat Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Internet Services & Social Media industry 60 other companies have achieved higher Quick Ratio than Red Hat Inc. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the fourth quarter 2019 from 2940 to 5190.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Internet Services & Social Media Industry # 61
Technology Sector # 663
Within the Market # 5190


trailing twelve months Quick Ratio Statistics
High Average Low
1.72 0.94 0.07
(Aug. 31, 2010)   (May 31 2019)




Companies with similar Quick Ratio in the quarter ending May 31 2019, within Internet Services & Social Media Industry Quick RatioMay 31 2019 MRQ Cash & cash equivalentMay 31 2019 MRQ Current Liabilities
Zw Data Action Technologies Inc   0.17 $ 1.404  Millions$ 8.222  Millions
Internap Corp  0.16 $ 10.468  Millions$ 64.080  Millions
Flutter Entertainment Plc  0.12 $ 621.924  Millions$ 4,996.103  Millions
Guochun International Inc   0.10 $ 0.001  Millions$ 0.008  Millions
J And Friends Holdings Limited  0.10 $ 14.760  Millions$ 155.360  Millions
TANCHENG GROUP CO., LTD.  0.08 $ 0.001  Millions$ 0.017  Millions
Grom Social Enterprises Inc   0.07 $ 0.856  Millions$ 11.451  Millions
Red Hat Inc  0.07 $ 177.625  Millions$ 2,663.753  Millions
Autoweb Inc.  0.07 $ 1.431  Millions$ 21.634  Millions
Ihs Markit Ltd   0.06 $ 109.500  Millions$ 1,919.700  Millions
Phi Group Inc   0.04 $ 0.285  Millions$ 7.087  Millions
Xsport Global, Inc.  0.04 $ 0.148  Millions$ 4.139  Millions
Global Tech Industries Group Inc   0.03 $ 0.197  Millions$ 6.032  Millions
Mantech International Corporation  0.02 $ 5.924  Millions$ 306.938  Millions
Veritec Inc   0.02 $ 0.091  Millions$ 5.250  Millions

Date modified: 2026-09-08T15:09:48+00:00



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