Switch Inc 's Cash & cash equivalent grew by 32.1 % in the Q3 2022 sequentially, faster than Current Liabilities, this led to improvement in Switch Inc 's Quick Ratio to 0.16, Quick Ratio remained below Switch Inc average.

Within Internet Services & Social Media industry 59 other companies have achieved higher Quick Ratio than Switch Inc in third quarter 2022. While Quick Ratio total ranking has improved so far during the Q3 2022 to 3739, from total ranking in the second quarter 2022 at 4714.

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SWCH 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	64.31 %	42.14 %	23.3 %	400.37 %	38.24 %
Y / Y Cash & cash equivalent Change	17.06 %	-63.18 %	-29.29 %	-46.73 %	-77.42 %
Quick Ratio MRQ	0.16	0.14	0.2	0.29	0.22
SWCH's Total Ranking	# 3739	# 4714	# 4317	# 2007	# 4217
Seq. Current Liabilities Change	16.45 %	67 %	-20.2 %	5.87 %	0.75 %
Seq. Cash & cash equivalent Change	32.1 %	13.58 %	-43.11 %	37.13 %	-58.45 %

Quick Ratio third quarter 2022 Company Ranking
Within:	No.
Internet Services & Social Media Industry	# 60
Technology Sector	# 514
Overall Market	# 3739

Quick Ratio Statistics
High	Average	Low
1.36	0.49	0.14
(Sep 30 2020)		(Jun 30 2022)

Financial Statements
Switch Inc 's Current Liabilities	$ 262 Millions	Visit SWCH's Balance sheet
Switch Inc 's Cash & cash equivalent	$ 41 Millions	Visit SWCH's Balance sheet
Source of SWCH's Sales		Visit SWCH's Sales by Geography

Cumulative Switch Inc 's Quick Ratio

SWCH's Quick Ratio for the trailling 12 Months

SWCH 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	71.58 %	65.13 %	71.75 %	64.81 %	6.62 %
Y / Y Cash & cash equivalent TTM Growth	-40.6 %	-61.6 %	-38.29 %	-39.62 %	-9.95 %
Quick Ratio TTM	0.19	0.21	0.32	0.35	0.54
Total Ranking TTM	# 4653	# 4689	# 3632	# 3723	# 2043
Seq. Current Liabilities TTM Growth	14.9 %	10.74 %	4.27 %	29.32 %	10.59 %
Seq. Cash & cash equivalent TTM Growth	4.22 %	-27.36 %	-5.49 %	-16.98 %	-32.62 %

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

On the trailing twelve months basis Due to increase in Current Liabilities in the Q3 2022 to $261.64 millions, cumulative Quick Ratio decreased to 0.19 below the Switch 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 58 other companies have achieved higher Quick Ratio than Switch Inc . While Quick Ratio overall ranking has improved so far to 4653, from total ranking during the twelve months ending second quarter 2022 at 4689.

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How much Cash & cash equivalents SWCH�s has?
What are SWCH�s Current Liabilities?

TTM Quick Ratio Company Ranking
Within:	No.
Within the Internet Services & Social Media Industry	# 59
Technology Sector	# 733
Within the Market	# 4653

trailing twelve months Quick Ratio Statistics
High	Average	Low
4.8	1.12	0.19
(Sep 30 2018)		(Sep 30 2022)

Companies with similar Quick Ratio in the quarter ending Sep 30 2022, within Internet Services & Social Media Industry	Quick Ratio	Sep 30 2022 MRQ Cash & cash equivalent	Sep 30 2022 MRQ Current Liabilities
Similarweb Ltd	0.43	$ 77.810 Millions	$ 180.932 Millions
Wewards Inc	0.41	$ 1.057 Millions	$ 2.607 Millions
Professional Diversity Network Inc	0.40	$ 1.529 Millions	$ 3.794 Millions
Franklin Covey Co	0.39	$ 60.517 Millions	$ 155.393 Millions
R1 Rcm Inc	0.38	$ 131.100 Millions	$ 346.000 Millions
Oneconnect Financial Technology Co Ltd	0.35	$ 283.305 Millions	$ 808.779 Millions
Global Mofy Metaverse Limited	0.35	$ 1.136 Millions	$ 3.286 Millions
Zw Data Action Technologies Inc	0.33	$ 2.150 Millions	$ 6.561 Millions
Rackspace Technology Inc	0.30	$ 249.100 Millions	$ 826.300 Millions
Magnite Inc	0.28	$ 253.552 Millions	$ 919.008 Millions
Global Tech Industries Group Inc	0.25	$ 0.339 Millions	$ 1.344 Millions
Thomson Reuters Corporation	0.22	$ 1,069.000 Millions	$ 4,891.000 Millions
Premier Inc	0.21	$ 176.630 Millions	$ 838.001 Millions
Switch Inc	0.16	$ 41.251 Millions	$ 261.637 Millions
TRANSUITE.ORG INC.	0.14	$ 0.001 Millions	$ 0.010 Millions
Viq Solutions inc	0.10	$ 1.762 Millions	$ 17.173 Millions
System1 Inc	0.08	$ 16.532 Millions	$ 212.233 Millions
Farmhouse Inc	0.06	$ 0.116 Millions	$ 1.842 Millions
Qutoutiao Inc	0.05	$ 21.632 Millions	$ 396.715 Millions

Date modified: 2026-09-12T06:24:11+00:00

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