Cash Ratio Analysis of Flotek Industries Inc - Deep Dive


Cash Ratio of FTK
Dec-23
0.125
Poor Cash Ratio
Dec-22
0.081
Poor Cash Ratio
Growth
53.45
%
Cash Ratio Analysis of Flotek Industries Inc
Cash Ratio of Flotek Industries Inc with value of 0.125 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of FTK rose handsomely by 53.45 % this year.
Cash Ratio with value of 2.43 was highest in Year Dec-19 in last Five Years.
Cash Ratio with value of 0.081 was lowest in Year Dec-22 in last Five Years.
Latest Cash Ratio with value of 0.125 is lower than Average Cash Ratio of 0.919 in last five years.
Other Cash Ratio Related Info of FTK that may interest you.
Flotek Industries Inc Overview
CodePricePrevious PricePrice ChangeSector
FTK4.454.87 8.62 % 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
Good Stability
FY - Historical Cash Ratio of Flotek Industries Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.1250.0810.6141.342.430.03610.071
Change53.45 %-86.78 %-54.14 %-44.96 %6636.89 %-49.06 %33.90 %
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FY Chart of Cash Ratio of Flotek Industries Inc


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