Quick Ratio Analysis of Flotek Industries Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.33
Period Ending - Dec-22
Poor Quick Ratio
0.432
Growth
208.28 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.44
Quick Ratio Analysis of Flotek Industries Inc
| Quick Ratio of Flotek Industries Inc with value of 1.44 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of FTK rose handsomely by 208.28 % this year. |
| Quick Ratio with value of 3.16 was highest in Year Dec-19 in last Five Years. |
| Quick Ratio with value of 0.432 was lowest in Year Dec-22 in last Five Years. |
| Latest Quick Ratio with value of 1.33 is lower than Average Quick Ratio of 1.72 in last five years. |
Other Quick Ratio Related Info of FTK that may interest you.
Flotek Industries Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| FTK | 4.87 | 4.45 | 9.44 % | Oil & Gas Equipment & Services |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Good Stability | |
FY - Historical Quick Ratio of Flotek Industries Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.33 | 0.432 | 1.77 | 1.89 | 3.16 | 1.99 | 0.970 |
| Change | 208.28 % | -75.54 % | -6.72 % | -40.16 % | 59.11 % | 104.93 % | -32.26 % |
FY Chart of Quick Ratio of Flotek Industries Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)