Regardless of the sequential decrease in Current Liabilities, during the third quarter 2023, Quick Ratio deteriorated to 0.24 below Textainer Group Holdings Limited's average Quick Ratio.

Within Rental & Leasing industry 17 other companies have achieved higher Quick Ratio than Textainer Group Holdings Limited in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 3299 to 4202.

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

Select the Comparisons :

None ▼

Select the Ratio:

Quick Ratio ▼

None ▼

Quick Ratio ▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

TGHPRA Quick Ratio	(Sep 30 2023) Q3	(Jun 30 2023) Q2	(Mar 31 2023) Q1	(Dec 31 2022) Q4	0 Q3
Y / Y Current Liabilities Change	36.58 %	5.79 %	26.09 %	1.5 %	-33.87 %
Y / Y Cash & cash equivalent Change	-2.8 %	-30.69 %	-28.12 %	-19.39 %	-21.62 %
Quick Ratio MRQ	0.24	0.24	0.27	0.28	0.33
TGHPRA's Total Ranking	# 4202	# 3299	# 3300	#	#
Seq. Current Liabilities Change	-6.39 %	18.25 %	-9.11 %	35.76 %	-27.5 %
Seq. Cash & cash equivalent Change	-8.29 %	7.24 %	-13.76 %	14.59 %	-34.6 %

Quick Ratio third quarter 2023 Company Ranking
Within:	No.
Rental & Leasing Industry	# 18
Services Sector	# 511
Overall Market	# 4202

Quick Ratio Statistics
High	Average	Low
1.29	0.52	0.18
(Mar 31 2011)		0

Financial Statements
Textainer Group Holdings Limited's Current Liabilities	$ 593 Millions	Visit TGHPRA's Balance sheet
Textainer Group Holdings Limited's Cash & cash equivalent	$ 141 Millions	Visit TGHPRA's Balance sheet
Source of TGHPRA's Sales		Visit TGHPRA's Sales by Geography

Cumulative Textainer Group Holdings Limited's Quick Ratio

TGHPRA's Quick Ratio for the trailling 12 Months

TGHPRA Quick Ratio	(Sep 30 2023) 12 Months	(Jun 30 2023) 12 Months	(Mar 31 2023) 12 Months	(Dec 31 2022) 12 Months	0 12 Months
Y / Y Current Liabilities TTM Growth	15.36 %	-3.01 %	-7.32 %	-24.5 %	-26.91 %
Y / Y Cash & cash equivalent TTM Growth	-21.77 %	-25.13 %	-26.41 %	-15.03 %	-1.83 %
Quick Ratio TTM	0.26	0.28	0.31	0.36	0.38
Total Ranking TTM	# 4912	# 4849	# 0	#	#
Seq. Current Liabilities TTM Growth	7.24 %	1.61 %	5.41 %	0.43 %	-9.83 %
Seq. Cash & cash equivalent TTM Growth	-0.67 %	-10.06 %	-7.66 %	-5.18 %	-4.93 %

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

On the trailing twelve months basis Due to decrease in Current Liabilities in the Q3 2023 to $592.73 millions, cumulative Quick Ratio decreased to 0.26 below the Textainer Group Holdings Limited average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Rental & Leasing industry 17 other companies have achieved higher Quick Ratio than Textainer Group Holdings Limited. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 4849 to 4912.

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

TTM Quick Ratio Company Ranking
Within:	No.
Within the Rental & Leasing Industry	# 18
Services Sector	# 679
Within the Market	# 4912

trailing twelve months Quick Ratio Statistics
High	Average	Low
0.71	0.45	0.19
(Dec 31 2015)		(Dec 31 2020)

Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Rental & Leasing Industry	Quick Ratio	Sep 30 2023 MRQ Cash & cash equivalent	Sep 30 2023 MRQ Current Liabilities
Ftai Aviation Ltd	0.49	$ 52.879 Millions	$ 108.579 Millions
Triton International Limited	0.45	$ 55.000 Millions	$ 122.746 Millions
Innovative International Acquisition Corp	0.35	$ 3.847 Millions	$ 11.077 Millions
Getaround Inc	0.32	$ 22.164 Millions	$ 68.578 Millions
Bragg Gaming Group Inc	0.32	$ 9.852 Millions	$ 31.249 Millions
Hertz Global Holdings inc	0.31	$ 594.000 Millions	$ 1,901.000 Millions
Upbound Group Inc	0.24	$ 105.726 Millions	$ 431.976 Millions
Textainer Group Holdings Limited	0.24	$ 140.999 Millions	$ 592.726 Millions
Senmiao Technology Limited	0.23	$ 1.305 Millions	$ 5.597 Millions
The Aarons Company Inc	0.16	$ 39.313 Millions	$ 253.400 Millions
Agiliti Inc De	0.14	$ 30.386 Millions	$ 211.700 Millions
Herc Holdings Inc	0.13	$ 71.000 Millions	$ 538.000 Millions
Sp Plus Corporation	0.11	$ 38.500 Millions	$ 342.700 Millions
Chart Industries Inc	0.08	$ 147.100 Millions	$ 1,802.800 Millions
United Rentals Inc	0.08	$ 284.000 Millions	$ 3,673.000 Millions
H and e Equipment Services Inc	0.06	$ 6.919 Millions	$ 121.417 Millions

Date modified: 2026-09-12T06:20:57+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.