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Udemy Inc   (UDMY)
Other Ticker:  
 
    Sector  Services    Industry Educational Services
   Industry Educational Services
   Sector  Services

Udemy Inc 's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the third quarter 2024, Quick Ratio deteriorated to 0.89 below Udemy Inc 's average Quick Ratio.

Within Educational Services industry only one company has achieved higher Quick Ratio in third quarter 2024. While Quick Ratio total ranking has improved so far during the III Quarter 2024 to 405, from total ranking in the second quarter 2024 at 1542.

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


UDMY Quick Ratio (Sep 30 2024)
III. Quarter
(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
Y / Y Current Liabilities Change 4.24 % 6.6 % 6.73 % -1.75 % 7.87 %
Y / Y Cash & cash equivalent Change -25.52 % -9.58 % -3.27 % 2.48 % -2.94 %
Quick Ratio MRQ 0.89 1.03 1.05 1.25 1.24
UDMY's Total Ranking # 405 # 1542 # 1597 # 1557 # 1754
Seq. Current Liabilities Change -1.46 % 0.14 % 7.41 % -1.64 % 0.76 %
Seq. Cash & cash equivalent Change -15.16 % -2.27 % -9.7 % -0.52 % 2.99 %



Quick Ratio third quarter 2024 Company Ranking
Within: No.
Educational Services Industry # 2
Services Sector # 36
Overall Market # 405


Quick Ratio Statistics
High Average Low
1.56 1.19 0.47
(Dec 31 2021)   (Sep 30 2021)




Financial Statements
Udemy Inc 's Current Liabilities $ 403 Millions Visit UDMY's Balance sheet
Udemy Inc 's Cash & cash equivalent $ 357 Millions Visit UDMY's Balance sheet
Source of UDMY's Sales Visit UDMY's Sales by Geography


Cumulative Udemy Inc 's Quick Ratio

UDMY's Quick Ratio for the trailling 12 Months

UDMY Quick Ratio

(Sep 30 2024)
III. Quarter
(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
Y / Y Current Liabilities TTM Growth 4.24 % 6.6 % 6.73 % -1.75 % 7.87 %
Y / Y Cash & cash equivalent TTM Growth -25.52 % -9.58 % -3.27 % 2.48 % -2.94 %
Quick Ratio TTM 1.05 1.14 1.19 1.22 1.21
Total Ranking TTM # 240 # 1142 # 1186 # 1251 # 1285
Seq. Current Liabilities TTM Growth -1.46 % 0.14 % 7.41 % -1.64 % 0.76 %
Seq. Cash & cash equivalent TTM Growth -15.16 % -2.27 % -9.7 % -0.52 % 2.99 %


On the trailing twelve months basis Due to decrease in Current Liabilities in the III Quarter 2024 to $402.85 millions, cumulative Quick Ratio decreased to 1.05 below the Udemy Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Educational Services industry 4 other companies have achieved higher Quick Ratio than Udemy Inc . While Quick Ratio overall ranking has improved so far to 0, from total ranking during the twelve months ending second quarter 2024 at 1207.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Educational Services Industry # 5
Services Sector # 136
Within the Market # 405


trailing twelve months Quick Ratio Statistics
High Average Low
1.47 1.21 0.87
(Sep 30 2022)   (Mar 31 2022)




Companies with similar Quick Ratio in the quarter ending Sep 30 2024, within Educational Services Industry Quick RatioSep 30 2024 MRQ Cash & cash equivalentSep 30 2024 MRQ Current Liabilities
Stride Inc   2.26 $ 522.238  Millions$ 230.655  Millions
Udemy Inc   0.89 $ 357.109  Millions$ 402.854  Millions
Adtalem Global Education inc   0.51 $ 266.872  Millions$ 519.043  Millions
Laureate Education Inc   0.33 $ 134.409  Millions$ 411.943  Millions
Graham Holdings Co  0.21 $ 282.224  Millions$ 1,331.863  Millions

Date modified: 2024-10-31T20:20:18+00:00



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