Cash Ratio Analysis of Forum Energy Technologies Inc - Deep Dive


Cash Ratio of FET
Dec-23
0.226
Poor Cash Ratio
Dec-22
0.242
Poor Cash Ratio
Growth
-6.75
%
Cash Ratio Analysis of Forum Energy Technologies Inc
Cash Ratio of Forum Energy Technologies Inc with value of 0.226 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of FET has fallen by -6.75 % Compared to previous Financial Year.
Cash Ratio with value of 1.03 was highest in Year Dec-20 in last Five Years.
Cash Ratio of FET trending down for at least three Years.
Latest Cash Ratio with value of 0.226 is lower than Average Cash Ratio of 0.411 in last five years.
Other Cash Ratio Related Info of FET that may interest you.
Forum Energy Technologies Inc Overview
CodePricePrevious PricePrice ChangeSector
FET18.2418.02 1.22 % Oil & Gas Equipment & Services
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
No Significant Stability
FY - Historical Cash Ratio of Forum Energy Technologies Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.2260.2420.2631.030.2940.1990.533
Change-6.75 %-7.83 %-74.47 %249.94 %47.55 %-62.57 %-67.77 %
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FY Chart of Cash Ratio of Forum Energy Technologies Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)