PagSeguro Digital (PagSeguro Digital) Quick Ratio : 1.41 (As of Dec. 2023)

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What is PagSeguro Digital 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. PagSeguro Digital's quick ratio for the quarter that ended in Dec. 2023 was 1.41.

PagSeguro Digital has a quick ratio of 1.41. It generally indicates good short-term financial strength.

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

PAGS' s Quick Ratio Range Over the Past 10 Years
Min: 1.2 Med: 1.43 Max: 2.33
Current: 1.41

During the past 10 years, PagSeguro Digital's highest Quick Ratio was 2.33. The lowest was 1.20. And the median was 1.43.

PAGS's Quick Ratio is ranked worse than
57.7% of 2820 companies
in the Software industry
Industry Median: 1.67 vs PAGS: 1.41

PagSeguro Digital Quick Ratio Historical Data

The historical data trend for PagSeguro Digital'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.

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PagSeguro Digital Quick Ratio Chart

PagSeguro Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Quick Ratio

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2.29

1.66

1.40

1.34

1.41

PagSeguro Digital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Quick Ratio	Get a 7-Day Free Trial															1.34	1.46	1.42	1.43	1.41

Competitive Comparison of PagSeguro Digital's Quick Ratio

For the Software - Infrastructure subindustry, PagSeguro Digital'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.

PagSeguro Digital's Quick Ratio Distribution in the Software Industry

For the Software industry and Technology sector, PagSeguro Digital's Quick Ratio distribution charts can be found below:

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

PagSeguro Digital 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.

PagSeguro Digital's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(9945.065	-	6.845)	/	7027.209
	=	1.41

PagSeguro Digital's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(9945.065	-	6.845)	/	7027.209
	=	1.41

PagSeguro Digital (NYSE:PAGS) 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.

PagSeguro Digital Quick Ratio Related Terms

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PagSeguro Digital (PagSeguro Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PagSeguro Digital Ltd (NYSE:PAGS) » Definitions » Quick Ratio

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Traded in Other Exchanges

PAGS34:Brazil

Address

Avenue Brigadeiro Faria Lima, 1384, 4th Floor, Parte A, Sao Paulo, SP, BRA, 01451-001

Website

https://www.pagseguro.uol.com.br

PagSeguro Digital Ltd is a Brazilian-based company that acts as a provider of financial technology solutions focused primarily on Micro-Merchants, Small Companies and Medium-Sized Companies (SMEs), in Brazil. The company provides a range of solutions and tools such as cash-in and cash-out options and provides access to working capital to help to manage its cash flow. It delivers an end-to-end digital ecosystem to address day-to-day financial needs, including receiving and spending funds and managing and growing businesses for clients. The company also offers the Free PagSeguro Digital Account delivering Cash-In Solutions, Online and In-Person Payment Tools, Online Payment Tools; and Web Check Outs offer tokenization, handling of shipping information, and others.