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Tuanche Ltd  (TC)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services

Tuanche Ltd's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2022, Quick Ratio deteriorated to 0.77 below Tuanche Ltd's average Quick Ratio.

Within Professional Services industry 65 other companies have achieved higher Quick Ratio than Tuanche Ltd in forth quarter 2022. While Quick Ratio total ranking has improved so far during the IV Quarter 2022 to 1885, from total ranking in the third quarter 2022 at 2376.

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


TC Quick Ratio (Dec 31 2022)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2021)
IV. Quarter
Y / Y Current Liabilities Change -34.95 % -34.95 % -34.95 % -34.95 % -10.5 %
Y / Y Cash & cash equivalent Change 1.77 % 1.77 % 1.77 % 1.77 % -58.24 %
Quick Ratio MRQ 0.77 0.77 0.77 0.77 0.49
TC's Total Ranking # 1885 # 2376 # 2470 # 3605 # 3605
Seq. Current Liabilities Change 0 % 0 % 0 % -34.95 % 0 %
Seq. Cash & cash equivalent Change 0 % 0 % 0 % 1.77 % 0 %



Quick Ratio forth quarter 2022 Company Ranking
Within: No.
Professional Services Industry # 66
Services Sector # 203
Overall Market # 1885


Quick Ratio Statistics
High Average Low
5.3 1.69 0.49
(Dec 31 2018)   (Dec 31 2021)




Financial Statements
Tuanche Ltd's Current Liabilities $ 13 Millions Visit TC's Balance sheet
Tuanche Ltd's Cash & cash equivalent $ 10 Millions Visit TC's Balance sheet
Source of TC's Sales Visit TC's Sales by Geography


Cumulative Tuanche Ltd's Quick Ratio

TC's Quick Ratio for the trailling 12 Months

TC Quick Ratio

(Dec 31 2022)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2021)
IV. Quarter
Y / Y Current Liabilities TTM Growth -34.95 % -34.95 % -34.95 % -34.95 % -10.5 %
Y / Y Cash & cash equivalent TTM Growth 1.77 % 1.77 % 1.77 % 1.77 % -58.24 %
Quick Ratio TTM 0.77 0.67 0.6 0.54 0.49
Total Ranking TTM # 2375 # # # 3559 # 3651
Seq. Current Liabilities TTM Growth 0 % 0 % 0 % -34.95 % 0 %
Seq. Cash & cash equivalent TTM Growth 0 % 0 % 0 % 1.77 % 0 %


On the trailing twelve months basis TC Cash & cash equivalent improved by 1.77 % in IV Quarter 2022 year on year, while Current Liabilities remained unchanged to $13 millions, this led to increase in in Tuanche Ltd's Quick Ratio to 0.77, Quick Ratio remained below TC average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Professional Services industry 167 other companies have achieved higher Quick Ratio than Tuanche Ltd. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2022 from 4333 to 4782.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Professional Services Industry # 168
Services Sector # 645
Within the Market # 1885


trailing twelve months Quick Ratio Statistics
High Average Low
4.67 1.51 0.42
(Dec 31 2018)   (Dec 31 2021)




Companies with similar Quick Ratio in the quarter ending Dec 31 2022, within Professional Services Industry Quick RatioDec 31 2022 MRQ Cash & cash equivalentDec 31 2022 MRQ Current Liabilities
International Money Express Inc   2.06 $ 149.493  Millions$ 72.516  Millions
Flywire Corporation  1.97 $ 349.177  Millions$ 177.276  Millions
Healthequity Inc   1.94 $ 254.266  Millions$ 131.061  Millions
Multiplan Corporation  1.90 $ 334.046  Millions$ 175.844  Millions
Etsy Inc   1.85 $ 1,171.691  Millions$ 631.755  Millions
Investview Inc   1.74 $ 20.467  Millions$ 11.768  Millions
Marchex Inc   1.70 $ 20.474  Millions$ 12.064  Millions
Rb Global Inc  1.69 $ 625.946  Millions$ 369.574  Millions
Performant Financial Corporation  1.65 $ 23.465  Millions$ 14.207  Millions
Society Pass Incorporated  1.63 $ 18.931  Millions$ 11.614  Millions
Gravity co ltd   1.61 $ 157.986  Millions$ 98.310  Millions
Roan Holdings Group Co Ltd   1.53 $ 9.055  Millions$ 5.932  Millions
Grab Holdings Limited  1.51 $ 1,952.000  Millions$ 1,295.000  Millions
Acv Auctions Inc   1.49 $ 496.678  Millions$ 333.713  Millions
Future Fintech Group Inc   1.46 $ 27.134  Millions$ 18.571  Millions
Remitly Global Inc   1.44 $ 300.635  Millions$ 209.142  Millions
Altisource Portfolio Solutions S a   1.40 $ 51.025  Millions$ 36.374  Millions
Doordash Inc   1.38 $ 3,521.000  Millions$ 2,544.000  Millions
Akamai Technologies Inc   1.35 $ 1,105.316  Millions$ 818.868  Millions
Forrester Research Inc   1.35 $ 123.317  Millions$ 91.368  Millions
Hudson Global Inc   1.28 $ 27.123  Millions$ 21.122  Millions
Fiscalnote Holdings Inc   1.17 $ 60.388  Millions$ 51.455  Millions
Augmedix Inc   1.17 $ 21.590  Millions$ 18.442  Millions
Trinity Place Holdings inc   1.16 $ 22.055  Millions$ 19.018  Millions
Ebay Inc   1.12 $ 4,779.000  Millions$ 4,271.000  Millions
Dlocal Limited  1.11 $ 468.092  Millions$ 422.272  Millions
Data Call Technologies Inc   1.10 $ 0.021  Millions$ 0.019  Millions
Emerald Holding Inc   1.08 $ 239.100  Millions$ 222.200  Millions
Exlservice Holdings Inc   1.07 $ 297.696  Millions$ 277.946  Millions
Sea Limited  0.99 $ 6,894.117  Millions$ 6,935.692  Millions

Date modified: 2023-03-30T11:00:59+00:00



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