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. Thryv Holdings's quick ratio for the quarter that ended in Dec. 2024 was 1.07.
Thryv Holdings has a quick ratio of 1.07. It generally indicates good short-term financial strength.
The historical rank and industry rank for Thryv Holdings's Quick Ratio or its related term are showing as below:
THRY'
s Quick Ratio Range Over the Past 10 Years
Min: 1.01 Med: 1.24 Max: 2.33
Current: 1.07
During the past 12 years, Thryv Holdings's highest Quick Ratio was 2.33. The lowest was 1.01. And the median was 1.24.
THRY's Quick Ratio is ranked worse than 72.14% of 585
companies
in the Interactive Media industry
Industry Median: 1.92
vs THRY: 1.07
Thryv Holdings Quick Ratio Historical Data
The historical data trend for Thryv Holdings'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.
Competitive Comparison of Thryv Holdings's Quick Ratio
For the Internet Content & Information subindustry, Thryv Holdings'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.
Thryv Holdings's Quick Ratio Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Thryv Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Thryv Holdings's Quick Ratio falls into.
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.
Thryv Holdings's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
Thryv Holdings (NAS:THRY) 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.
Thryv Holdings Quick Ratio Related Terms
Thank you for viewing the detailed overview of Thryv Holdings's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Thryv Holdings Inc is dedicated to supporting local, independent service-based businesses and emerging franchises by providing a cloud-based software platform, and marketing solutions to entrepreneurs. Its company is built upon a rich legacy in the marketing and advertising industry. The group are provider of SaaS all-in-one small business management software in addition to providing print and digital marketing solutions to SMBs. Its solutions enable SMB clients to attract and generate new business leads, manage their customer relationships efficiently with artificial intelligence (AI) tools and automation, and run their day-to-day operations to save time, compete and win in today's SMB environment. The group has two business segments; Thryv SaaS and Thryv Marketing Services.
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