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Verisign Inc  (VRSN)
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Verisign Inc's Quick Ratio

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


In the wake of the increase in Current Liabilities in the forth quarter 2023, Quick Ratio fell to 0.78 below Verisign Inc average.

Within Cloud Computing & Data Analytics industry 22 other companies have achieved higher Quick Ratio than Verisign Inc in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 146 to 742.

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


VRSN 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 6.41 % 7.17 % 6.98 % 7.62 % 4 %
Y / Y Cash & cash equivalent Change -5.51 % -3.74 % -6.15 % -16.09 % -18.69 %
Quick Ratio MRQ 0.78 0.8 0.82 0.87 0.88
VRSN's Total Ranking # 742 # 146 # 1863 # 976 # 362
Seq. Current Liabilities Change 1.27 % 2.79 % -2.54 % 4.88 % 1.99 %
Seq. Cash & cash equivalent Change -1.81 % 0.84 % -7.82 % 3.53 % 0.02 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 23
Technology Sector # 160
Overall Market # 742


Quick Ratio Statistics
High Average Low
4.17 1.25 0.45
(Sep. 30, 2010)   (March 31, 2008)




Financial Statements
Verisign Inc's Current Liabilities $ 1,189 Millions Visit VRSN's Balance sheet
Verisign Inc's Cash & cash equivalent $ 926 Millions Visit VRSN's Balance sheet
Source of VRSN's Sales Visit VRSN's Sales by Geography


Cumulative Verisign Inc's Quick Ratio

VRSN's Quick Ratio for the trailling 12 Months

VRSN 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 6.41 % 7.17 % 6.98 % 7.62 % 4 %
Y / Y Cash & cash equivalent TTM Growth -5.51 % -3.74 % -6.15 % -16.09 % -18.69 %
Quick Ratio TTM 0.82 0.84 0.86 0.89 0.95
Total Ranking TTM # 774 # 1525 # 1634 # 1766 # 2033
Seq. Current Liabilities TTM Growth 1.27 % 2.79 % -2.54 % 4.88 % 1.99 %
Seq. Cash & cash equivalent TTM Growth -1.81 % 0.84 % -7.82 % 3.53 % 0.02 %


On the trailing twelve months basis Due to rise in Current Liabilities in the IV Quarter 2023 to $1,188.50 millions, cumulative Quick Ratio decreased to 0.82 below the Verisign Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Cloud Computing & Data Analytics industry 60 other companies have achieved higher Quick Ratio than Verisign Inc. While Quick Ratio overall ranking has improved so far to 793, from total ranking during the twelve months ending third quarter 2023 at 3729.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Cloud Computing & Data Analytics Industry # 61
Technology Sector # 384
Within the Market # 742


trailing twelve months Quick Ratio Statistics
High Average Low
3.1 1.23 0.56
(June 30. 2011)   (March 31, 2007)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Cloud Computing & Data Analytics Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Playtika Holding Corp   1.91 $ 1,029.700  Millions$ 539.600  Millions
Liberty Tripadvisor Holdings inc   1.89 $ 1,090.000  Millions$ 576.000  Millions
Workday Inc   1.55 $ 7,813.000  Millions$ 5,055.000  Millions
Csp inc  1.51 $ 25.611  Millions$ 16.982  Millions
Tsr Inc   1.50 $ 9.615  Millions$ 6.394  Millions
Taskus Inc   1.24 $ 125.776  Millions$ 101.804  Millions
Doximity Inc   1.17 $ 123.089  Millions$ 104.762  Millions
Sidechannel Inc   1.08 $ 0.819  Millions$ 0.760  Millions
Zscaler Inc   0.91 $ 1,438.586  Millions$ 1,583.905  Millions
Pros Holdings Inc   0.88 $ 168.747  Millions$ 191.676  Millions
Netscout Systems Inc   0.86 $ 329.112  Millions$ 382.252  Millions
The Glimpse Group Inc   0.86 $ 5.221  Millions$ 6.068  Millions
Mullen Automotive inc   0.85 $ 81.512  Millions$ 96.439  Millions
Cognizant Technology Solutions Corporation  0.83 $ 2,635.000  Millions$ 3,180.000  Millions
Yext Inc   0.78 $ 210.184  Millions$ 267.774  Millions
Verisign Inc  0.78 $ 926.400  Millions$ 1,188.500  Millions
Light and Wonder Inc   0.74 $ 515.000  Millions$ 696.000  Millions
8x8 Inc   0.74 $ 169.548  Millions$ 230.526  Millions
Ibex Limited  0.66 $ 49.016  Millions$ 74.233  Millions
Thoughtworks Holding Inc   0.63 $ 100.305  Millions$ 159.280  Millions
Innodata inc  0.60 $ 13.820  Millions$ 22.935  Millions
Unisys Corp  0.60 $ 387.700  Millions$ 650.900  Millions
Compass Inc   0.57 $ 166.900  Millions$ 292.500  Millions
Ringcentral Inc   0.56 $ 222.195  Millions$ 398.927  Millions
Silversun Technologies Inc   0.53 $ 6.143  Millions$ 11.523  Millions
Verisk Analytics Inc   0.39 $ 302.700  Millions$ 771.400  Millions
Onespan Inc   0.37 $ 42.493  Millions$ 114.830  Millions
Sterling Check Corp   0.37 $ 54.224  Millions$ 148.136  Millions
Dxc Technology Company  0.34 $ 1,691.000  Millions$ 4,961.000  Millions
Open Text Corp  0.34 $ 1,003.134  Millions$ 2,959.175  Millions

Date modified: 2024-02-16T10:03:31+00:00



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