Cash Ratio Analysis of Forum Energy Technologies Inc - Deep Dive
Cash Ratio of FET
Dec-230.226Poor Cash Ratio | Dec-220.242Poor 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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
FET | 18.24 | 18.02 | 1.22 % | Oil & Gas Equipment & Services |
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 Related Ratios
CurrentRatio | QuickRatio | DebtToEquityRatio |
Tsr Stability Index
No Significant Stability |
FY - Historical Cash Ratio of Forum Energy Technologies Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Cash Ratio | 0.226 | 0.242 | 0.263 | 1.03 | 0.294 | 0.199 | 0.533 |
Change | -6.75 % | -7.83 % | -74.47 % | 249.94 % | 47.55 % | -62.57 % | -67.77 % |
FY Chart of Cash Ratio of Forum Energy Technologies Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)