Shengda Network Technology Inc Quick Ratio (SOLQ) starting from the first quarter 2022 to first quarter 2021, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
CSIMarket
 


Shengda Network Technology Inc   (SOLQ)

Shengda Network Technology Inc 's Quick Ratio

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


Shengda Network Technology Inc 's Cash & cash equivalent grew by 49.97 % in the Q1 2022 sequentially, while Current Liabilities decreased, this led to improvement in Shengda Network Technology Inc 's Quick Ratio to 1.58, Quick Ratio remained below Shengda Network Technology Inc average.

Within Cloud Computing & Data Analytics industry 60 other companies have achieved higher Quick Ratio than Shengda Network Technology Inc in first quarter 2022. While Quick Ratio total ranking has improved so far during the Q1 2022 to 2381, from total ranking in the fourth quarter 2022 at 2719.

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




SOLQ Quick Ratio (Sep 30 2022)
Q1
(Jun 30 2022)
Q4
(Mar 31 2022)
Q3
(Dec 31 2021)
Q2
(Sep 30 2021)
Q1
Y / Y Current Liabilities Change -41.14 % -32.24 % -39.82 % -31.87 % -48.32 %
Y / Y Cash & cash equivalent Change 1314.31 % 181.93 % -86.24 % 10.58 % -99.54 %
Quick Ratio MRQ 1.58 0.88 0.15 1.78 0.07
SOLQ's Total Ranking # 2381 # 2719 # 4799 # 1119 # 2701
Seq. Current Liabilities Change -16.61 % 59.23 % -35.45 % -31.33 % -4 %
Seq. Cash & cash equivalent Change 49.97 % 829.93 % -94.53 % 1754.41 % -70.11 %



Quick Ratio first quarter 2022 Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 61
Technology Sector # 339
Overall Market # 2381


Quick Ratio Statistics
High Average Low
166.93 19.96 0.07
(Jun 30 2020)   (Sep 30 2021)




Financial Statements
Shengda Network Technology Inc 's Current Liabilities $ 0 Millions Visit SOLQ's Balance sheet
Shengda Network Technology Inc 's Cash & cash equivalent $ 1 Millions Visit SOLQ's Balance sheet
Source of SOLQ's Sales Visit SOLQ's Sales by Geography


Cumulative Shengda Network Technology Inc 's Quick Ratio

SOLQ's Quick Ratio for the trailling 12 Months

SOLQ 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 -35.97 % -39.93 % -14.71 % 15.2 % 89.32 %
Y / Y Cash & cash equivalent TTM Growth 51.42 % -87.7 % -92.97 % -90.9 % -90.98 %
Quick Ratio TTM 1.17 0.7 0.5 0.57 0.5
Total Ranking TTM # 5480 # 5564 # 5569 # 2823 # 2845
Seq. Current Liabilities TTM Growth -14.51 % -10.59 % -8.47 % -8.48 % -19.8 %
Seq. Cash & cash equivalent TTM Growth 43.83 % 25.46 % -21 % 6.23 % -88.32 %


On the trailing twelve months basis SOLQ Cash & cash equivalent more than doubled by 1314.31 % in Q1 2022 year on year, while Current Liabilities faded to $0 millions, this led to increase in in Shengda Network Technology Inc 's Quick Ratio to 1.17, above SOLQ average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Cloud Computing & Data Analytics industry 135 other companies have achieved higher Quick Ratio than Shengda Network Technology Inc . While Quick Ratio overall ranking has improved so far to 5480, from total ranking during the twelve months ending fourth quarter 2022 at 5564.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Cloud Computing & Data Analytics Industry # 136
Technology Sector # 743
Within the Market # 5480


trailing twelve months Quick Ratio Statistics
High Average Low
1.17 0.73 0.5
(Sep 30 2022)   (Mar 31 2022)




Companies with similar Quick Ratio in the quarter ending Sep 30 2022, within Cloud Computing & Data Analytics Industry Quick RatioSep 30 2022 MRQ Cash & cash equivalentSep 30 2022 MRQ Current Liabilities
Hashicorp Inc   4.09 $ 1,274.901  Millions$ 311.719  Millions
First Advantage Corporation  4.06 $ 390.262  Millions$ 96.136  Millions
Livevox Holdings Inc   3.95 $ 70.134  Millions$ 17.750  Millions
Movano Inc  3.84 $ 16.767  Millions$ 4.367  Millions
Xti Aerospace Inc  3.75 $ 63.153  Millions$ 16.838  Millions
Propertyguru Group Limited  3.47 $ 230.702  Millions$ 66.529  Millions
Glidelogic Corp.  3.38 $ 0.020  Millions$ 0.006  Millions
Veradigm Inc   3.33 $ 492.597  Millions$ 147.995  Millions
Liveramp Holdings Inc   3.23 $ 485.602  Millions$ 150.198  Millions
Sohu com Limited  3.18 $ 1,171.445  Millions$ 368.808  Millions
Veritone Inc   3.04 $ 196.071  Millions$ 64.419  Millions
Saverone 2014 Ltd  2.84 $ 5.467  Millions$ 1.927  Millions
Cargurus Inc   2.72 $ 404.429  Millions$ 148.881  Millions
Sidechannel Inc   2.61 $ 3.030  Millions$ 1.161  Millions
Heartcore Enterprises Inc   2.51 $ 7.843  Millions$ 3.122  Millions
Btrs Holdings Inc   2.51 $ 145.915  Millions$ 58.119  Millions
Doubledown Interactive Co Ltd   2.45 $ 285.243  Millions$ 116.482  Millions
Forian Inc   2.45 $ 20.633  Millions$ 8.431  Millions
Cian Plc  2.42 $ 66.339  Millions$ 27.452  Millions
Playtika Holding Corp   2.39 $ 1,255.400  Millions$ 525.900  Millions
Toast Inc   2.30 $ 1,053.000  Millions$ 457.000  Millions
Auddia Inc   2.20 $ 0.957  Millions$ 0.435  Millions
Perion Network Ltd   2.19 $ 429.626  Millions$ 196.100  Millions
Life360 Inc   2.19 $ 43.964  Millions$ 20.116  Millions
Telos Corporation  2.18 $ 125.332  Millions$ 57.414  Millions
Realnetworks Inc   2.18 $ 9.156  Millions$ 4.196  Millions
Smartrent Inc   2.15 $ 210.112  Millions$ 97.836  Millions
Cheer Holding Inc  2.14 $ 70.482  Millions$ 32.903  Millions
Epam Systems Inc   2.13 $ 1,547.815  Millions$ 727.957  Millions
Liberty Tripadvisor Holdings inc   1.91 $ 1,101.000  Millions$ 576.000  Millions

Date modified: 2026-08-29T17:46:00+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.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.