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Virnetx Holding Corp  (VHC)
Other Ticker:  
 
    Sector  Conglomerates    Industry Conglomerates
   Industry Conglomerates
   Sector  Conglomerates

Virnetx Holding's Quick Ratio

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


Current Liabilities decreased faster than Virnetx Holding's Cash & cash equivalent, this led to improvement in Virnetx Holding's Quick Ratio to 42.7, Quick Ratio remained below Virnetx Holding Corp average.

Within Conglomerates industry only one company has achieved higher Quick Ratio in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 28, from total ranking in the third quarter 2023 at 54.

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


VHC Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 71.55 % -15.74 % 10.16 % 6989.97 % 9.76 %
Y / Y Cash & cash equivalent Change -64.78 % -61.62 % -59.03 % -9.52 % -10.19 %
Quick Ratio MRQ 42.7 38.12 81.46 2.03 207.97
VHC's Total Ranking # 28 # 54 # 35 # 1272 # 15
Seq. Current Liabilities Change -21.67 % 96.92 % -98.89 % 9957.87 % -61.53 %
Seq. Cash & cash equivalent Change -12.26 % -7.85 % -55.68 % -1.71 % -4.39 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Conglomerates Industry # 2
Conglomerates Sector # 2
Overall Market # 28


Quick Ratio Statistics
High Average Low
302.62 43.27 1.02
(Sep 30 2021)   (Dec 31 2017)




Financial Statements
Virnetx Holding's Current Liabilities $ 1 Millions Visit VHC's Balance sheet
Virnetx Holding's Cash & cash equivalent $ 54 Millions Visit VHC's Balance sheet
Source of VHC's Sales Visit VHC's Sales by Geography


Cumulative Virnetx Holding's Quick Ratio

VHC's Quick Ratio for the trailling 12 Months

VHC Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 71.55 % -15.74 % 10.16 % 6989.97 % 9.76 %
Y / Y Cash & cash equivalent TTM Growth -64.78 % -61.62 % -59.03 % -9.52 % -10.19 %
Quick Ratio TTM 4.28 5.59 6.84 8.09 144.76
Total Ranking TTM # 6 # 19 # 1 # 3101 # 1354
Seq. Current Liabilities TTM Growth -21.67 % 96.92 % -98.89 % 9957.87 % -61.53 %
Seq. Cash & cash equivalent TTM Growth -12.26 % -7.85 % -55.68 % -1.71 % -4.39 %


On the trailing twelve months basis Due to decline in Current Liabilities in the IV Quarter 2023 to $1.25 millions, cumulative Quick Ratio decreased to 4.28 below the Virnetx Holding Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Conglomerates industry VHC achieved the highest Quick Ratio. While Quick Ratio overall ranking has improved so far to 6, from total ranking during the twelve months ending third quarter 2023 at 19.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Conglomerates Industry # 1
Conglomerates Sector # 1
Within the Market # 6


trailing twelve months Quick Ratio Statistics
High Average Low
200.89 23.22 1.25
(Mar 31 2022)   (Jun 30 2018)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Conglomerates Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Network 1 Technologies Inc   55.26 $ 45.480  Millions$ 0.823  Millions
Virnetx Holding Corp  42.70 $ 53.547  Millions$ 1.254  Millions
Acacia Research Corp  12.52 $ 345.907  Millions$ 27.636  Millions
Research Frontiers Incorporated  8.93 $ 2.476  Millions$ 0.277  Millions

Date modified: 2024-03-18T21:26:00+00:00



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