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Dun & Bradstreet Holdings Quick Ratio

: 0.71 (As of Sep. 2021)
View and export this data going back to 2020. Start your Free Trial

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. Dun & Bradstreet Holdings's quick ratio for the quarter that ended in Sep. 2021 was 0.71.

Dun & Bradstreet Holdings has a quick ratio of 0.71. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Dun & Bradstreet Holdings's Quick Ratio or its related term are showing as below:

NYSE:DNB' s Quick Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.64   Max: 1.06
Current: 0.71

0.2
1.06

During the past 4 years, Dun & Bradstreet Holdings's highest Quick Ratio was 1.06. The lowest was 0.20. And the median was 0.64.

NYSE:DNB's Quick Ratio is ranked lower than
90% of the 2582 Companies
in the Software industry.

( Industry Median: 1.94 vs. NYSE:DNB: 0.71 )

Dun & Bradstreet Holdings Quick Ratio Historical Data

The historical data trend for Dun & Bradstreet 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.

* Premium members only.

Dun & Bradstreet Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Quick Ratio
- 0.41 0.38 1.06

Dun & Bradstreet Holdings Quarterly Data
Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Quick Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 1.06 0.68 0.64 0.71

Competitive Comparison

For the Information Technology Services subindustry, Dun & Bradstreet 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.

   

Dun & Bradstreet Holdings Quick Ratio Distribution

For the Software industry and Technology sector, Dun & Bradstreet Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Dun & Bradstreet Holdings's Quick Ratio falls into.



Dun & Bradstreet Holdings 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.

Dun & Bradstreet Holdings's Quick Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Quick Ratio (A: Dec. 2020 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(874-0)/825.3
=1.06

Dun & Bradstreet Holdings's Quick Ratio for the quarter that ended in Sep. 2021 is calculated as

Quick Ratio (Q: Sep. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(649-0)/919.6
=0.71

* 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.


Dun & Bradstreet Holdings  (NYSE:DNB) 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.


Dun & Bradstreet Holdings Quick Ratio Related Terms

Thank you for viewing the detailed overview of Dun & Bradstreet Holdings's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dun & Bradstreet Holdings Business Description

Dun & Bradstreet Holdings logo
Industry
Technology » Software NAICS : 541519 SIC : 7374
Comparable Companies
Traded in Other Exchanges
N/A
Address
101 JFK Parkway, Short Hills, NJ, USA, 07078
Dun & Bradstreet Holdings Inc is one of the leading providers of business decisioning data and analytics. The company provides commercial credit decisioning, which helps businesses to make informed decisions when considering extending business loans and trade credit. Also, the company offers solutions to firms looking to analyze supplier relationships and more effectively collect outstanding receivables. Its operating segment includes North America and International. The company generates maximum revenue from the North American region. Other services provided by the company include digital marketing, sales acceleration, and risk management among others.
Executives
Quella James director C/O CATALENT, INC. 14 SCHOOLHOUSE ROAD SOMERSET NJ 08822
Thl Equity Fund Viii Investors (d&b), L.p. director, 10 percent owner C/O THOMAS H. LEE PARTNERS, L.P. 100 FEDERAL STREET, 35TH FLOOR BOSTON MA 02110
Thl Managers Viii, Llc director, 10 percent owner 100 FEDERAL STREET, 35TH FLOOR BOSTON MA 02110
Thl Equity Advisors Viii, Llc director, 10 percent owner 100 FEDERAL STREET, 35TH FLOOR BOSTON MA 02110
Thl Fund Viii Coinvestment Partners, L.p. director, 10 percent owner 100 FEDERAL STREET, 35TH FLOOR BOSTON MA 02110
Thomas H. Lee Equity Fund Viii, L.p. director, 10 percent owner C/O THOMAS H. LEE PARTNERS, L.P. 100 FEDERAL STREET BOSTON MA 02110
Thl Executive Fund Viii, L.p. director, 10 percent owner C/O THOMAS H. LEE PARTNERS, L.P. 100 FEDERAL STREET BOSTON MA 02110
Thomas H. Lee Parallel Fund Viii, L.p. director, 10 percent owner C/O THOMAS H. LEE PARTNERS, L.P. 100 FEDERAL STREET BOSTON MA 02110
Jackson Keith J director ONE MISSISSIPPI PLAZA 201 SOUTH SPRING STREET TUPELO MS 38804
Ammerman Douglas K director 601 RIVERSIDE AVENUE JACKSONVILLE FL 32204
Thl Holdco, Llc director, 10 percent owner 100 FEDERAL STREET, 35TH FLOOR BOSTON MA 02110
Thomas H Lee Partners Lp director, 10 percent owner 100 FEDERAL STREET, 35TH FLOOR BOSTON MA 02110
Thomas H. Lee Advisors, Llc director, 10 percent owner C/O THOMAS H. LEE PARTNERS, L.P. 100 FEDERAL STREET, 35TH FLOOR BOSTON MA 02110
Foley William P Ii director, 10 percent owner, other: Chairman of the Board FIDELITY NATIONAL FINANCIAL, INC. 601 RIVERSIDE AVENUE JACKSONVILLE FL 32204
Massey Richard N director 900 S. SHACKLEFORD ROAD SUITE 401 LITTLE ROCK AR 72211

Dun & Bradstreet Holdings Headlines

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