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Intersections (Intersections) Quick Ratio : 1.06 (As of Sep. 2018)


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What is Intersections Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Intersections's quick ratio for the quarter that ended in Sep. 2018 was 1.06.

Intersections has a quick ratio of 1.06. It generally indicates good short-term financial strength.

The historical rank and industry rank for Intersections's Quick Ratio or its related term are showing as below:

INTX's Quick Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.54
* Ranked among companies with meaningful Quick Ratio only.

Intersections Quick Ratio Historical Data

The historical data trend for Intersections's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intersections Quick Ratio Chart

Intersections Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 1.48 1.42 1.02 1.11

Intersections Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 1.11 1.08 0.52 1.06

Competitive Comparison of Intersections's Quick Ratio

For the Specialty Business Services subindustry, Intersections's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intersections's Quick Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Intersections's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Intersections's Quick Ratio falls into.



Intersections Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Intersections's Quick Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Quick Ratio (A: Dec. 2017 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(24.159-0)/21.855
=1.11

Intersections's Quick Ratio for the quarter that ended in Sep. 2018 is calculated as

Quick Ratio (Q: Sep. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(17.658-0)/16.595
=1.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Intersections  (NAS:INTX) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Intersections Quick Ratio Related Terms

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Intersections (Intersections) Business Description

Traded in Other Exchanges
N/A
Address
Intersections Inc is engaged in the business of consumer protection services. The company helps to manage and protect against the risks associated with identities and personal information as well as credit monitoring services. It operates through one singular segment namely Insurance and other consumer services which provide identity and privacy protection services to end users. In addition, it also provides credit reports, performing credit monitoring, educational credit scores and credit education, monitoring and education about other personal information and risks, identity theft recovery services, identity theft cost reimbursement insurance underwritten by a prominent insurance company and software and other technology tools and services.
Executives
Kenneth I Chenault 10 percent owner C/O GENERAL CATALYST, 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Group Management, Llc 10 percent owner C/O GENERAL CATALYST PARTNERS, 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
Hemant Taneja 10 percent owner C/O GENERAL CATALYST, 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
Joel E Cutler 10 percent owner C/O GENERAL CATALYST PARTNERS, 20 UNIVERSITY ROAD, SUITE 450, CAMBRIDGE MA 02138
David P Fialkow 10 percent owner C/O GENERAL CATALYST PARTNERS, 20 UNIVERSITY ROAD, SUITE 450, CAMBRIDGE MA 02138
Hari K Ravichandran 10 percent owner, other: See footnotes (1) (2) (3) MCDERMOTT WILL & EMERY LLP 275 MIDDLEFIELD ROAD, SUITE 100 MENLO PARK CA 94025
Duane L. Berlin officer: Chief Legal Officer C/O INTERSECTIONS INC. 3901 STONECROFT BOULEVARD CHANTILLY VA 20151
John M Albertine director 100 FEDERAL DRIVE, FREDERICKSBURG VA 22405
Osmium Partners, Llc 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Capital Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Spartan L P 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis 10 percent owner 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Capital Ii, Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Diamond, Lp 10 percent owner C/O OSMIUM PARTNERS, LLC, 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Thomas L Kempner director, 10 percent owner C/O LOEB PARTNERS CORPORATION, 125 BROAD STREET, 14TH FLOOR, NEW YORK NY 10004