Xcel Brands Inc 's Quick Ratio

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

Regardless of the sequential decrease in Current Liabilities, during the third quarter 2023, Quick Ratio deteriorated to 0.33 below Xcel Brands Inc 's average Quick Ratio.

Within Conglomerates industry 7 other companies have achieved higher Quick Ratio than Xcel Brands Inc in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 2255 to 2659.

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How much Cash & cash equivalents XELB´s has?
What are XELB´s Current Liabilities?

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XELB Quick Ratio	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(Dec 31 2022) IV. Quarter	(Sep 30 2022) III. Quarter
Y / Y Current Liabilities Change	-28.6 %	-34.9 %	-44.78 %	-29.53 %	-16.21 %
Y / Y Cash & cash equivalent Change	-73.96 %	-67.75 %	-47.37 %	2.79 %	111.18 %
Quick Ratio MRQ	0.33	0.5	0.24	0.7	0.9
XELB's Total Ranking	# 2659	# 2255	# 2949	# 2447	# 2089
Seq. Current Liabilities Change	-4.91 %	6.37 %	0.3 %	-29.62 %	-13.3 %
Seq. Cash & cash equivalent Change	-37.58 %	117.56 %	-65.02 %	-45.19 %	-22.68 %

New: More XELB's historic Quick Ratios >>

Quick Ratio third quarter 2023 Company Ranking
Within:	No.
Conglomerates Industry	# 8
Conglomerates Sector	# 8
Overall Market	# 2659

Quick Ratio Statistics
High	Average	Low
3.09	0.96	0.2
(Dec 31 2013)		(Jun 30 2015)

Financial Statements
Xcel Brands Inc 's Current Liabilities	$ 7 Millions	Visit XELB's Balance sheet
Xcel Brands Inc 's Cash & cash equivalent	$ 2 Millions	Visit XELB's Balance sheet
Source of XELB's Sales		Visit XELB's Sales by Geography

Cumulative Xcel Brands Inc 's Quick Ratio

XELB's Quick Ratio for the trailling 12 Months

XELB Quick Ratio	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(Dec 31 2022) IV. Quarter	(Sep 30 2022) III. Quarter
Y / Y Current Liabilities TTM Growth	-28.6 %	-34.9 %	-44.78 %	-29.53 %	-16.21 %
Y / Y Cash & cash equivalent TTM Growth	-73.96 %	-67.75 %	-47.37 %	2.79 %	111.18 %
Quick Ratio TTM	0.44	0.62	0.77	0.7	0.65
Total Ranking TTM	# 3886	# 3838	# 3698	# 4267	# 4150
Seq. Current Liabilities TTM Growth	-4.91 %	6.37 %	0.3 %	-29.62 %	-13.3 %
Seq. Cash & cash equivalent TTM Growth	-37.58 %	117.56 %	-65.02 %	-45.19 %	-22.68 %

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

On the trailing twelve months basis In spite of the year on year decrease in XELB's Current Liabilities to $6.66 millions, cumulative Quick Ratio to 0.44 below the XELB average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Conglomerates industry 20 other companies have achieved higher Quick Ratio than Xcel Brands Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 3838 to 3886.

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

TTM Quick Ratio Company Ranking
Within:	No.
Within the Conglomerates Industry	# 21
Conglomerates Sector	# 21
Within the Market	# 3886

trailing twelve months Quick Ratio Statistics
High	Average	Low
1.86	0.8	0.33
(March 31, 2014)		(Mar 31 2022)

Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Conglomerates Industry	Quick Ratio	Sep 30 2023 MRQ Cash & cash equivalent	Sep 30 2023 MRQ Current Liabilities
Aterian Inc	0.72	$ 27.955 Millions	$ 38.582 Millions
Joint Corp	0.62	$ 17.142 Millions	$ 27.675 Millions
Honeywell International Inc	0.46	$ 7,934.000 Millions	$ 17,227.000 Millions
Heico Corporation	0.44	$ 292.000 Millions	$ 665.342 Millions
Tat Technologies Ltd	0.42	$ 16.640 Millions	$ 39.311 Millions
Xcel Brands inc	0.33	$ 2.189 Millions	$ 6.656 Millions
Dmc Global Inc	0.33	$ 35.576 Millions	$ 109.070 Millions
Steel Partners Holdings L p	0.27	$ 562.149 Millions	$ 2,087.816 Millions
Scientific Energy Inc	0.25	$ 2.552 Millions	$ 10.298 Millions
Digital Turbine Inc	0.24	$ 58.649 Millions	$ 244.847 Millions
Royalty Management Holding Corporation	0.14	$ 0.172 Millions	$ 1.212 Millions
Rtx Corporation	0.12	$ 5,456.000 Millions	$ 45,002.000 Millions
Ab International Group Corp	0.10	$ 0.117 Millions	$ 1.123 Millions

Date modified: 2023-11-21T18:57:35+00:00

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