Crane's Quick Ratio

CR's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth

Crane's Cash & cash equivalent grew by 50.57 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Crane's Quick Ratio to 0.71, above Crane Company average Quick Ratio.

Within Miscellaneous Fabricated Products industry only one company has achieved higher Quick Ratio in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 0 to 576.

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How much Cash & cash equivalents CR´s has?
What are CR´s Current Liabilities?

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CR Quick Ratio	(Dec 31 2023) IV. Quarter	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(June 30. 2015) II. Quarter	(March 31, 2015) I. Quarter
Y / Y Current Liabilities Change	-29.4 %	-37.33 %	-45.49 %	-1.96 %	11.62 %
Y / Y Cash & cash equivalent Change	11.01 %	-36.78 %	-7.06 %	20.56 %	-26.4 %
Quick Ratio MRQ	0.71	0.55	0.77	0.5	0.45
CR's Total Ranking	# 576	# 0	# 825	# 2003	# 1269
Seq. Current Liabilities Change	16.45 %	5.3 %	-41.92 %	-0.88 %	3.37 %
Seq. Cash & cash equivalent Change	50.57 %	-25.03 %	-10.51 %	9.9 %	-14.26 %

New: More CR's historic Quick Ratios >>

Quick Ratio forth quarter 2023 Company Ranking
Within:	No.
Miscellaneous Fabricated Products Industry	# 2
Basic Materials Sector	# 35
Overall Market	# 576

Quick Ratio Statistics
High	Average	Low
0.84	0.46	0.04
(Sep. 30, 2013)		(Sep. 30, 2004)

Financial Statements
Crane's Current Liabilities	$ 467 Millions	Visit CR's Balance sheet
Crane's Cash & cash equivalent	$ 330 Millions	Visit CR's Balance sheet
Source of CR's Sales		Visit CR's Sales by Geography

Cumulative Crane's Quick Ratio

CR's Quick Ratio for the trailling 12 Months

CR Quick Ratio	(Dec 31 2023) IV. Quarter	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(June 30. 2015) II. Quarter	(March 31, 2015) I. Quarter
Y / Y Current Liabilities TTM Growth	-29.4 %	-37.33 %	-45.49 %	-1.96 %	11.62 %
Y / Y Cash & cash equivalent TTM Growth	11.01 %	-36.78 %	-7.06 %	20.56 %	-26.4 %
Quick Ratio TTM	0.61	0.54	0.54	0.48	0.46
Total Ranking TTM	# 899	# 0	# 264	# 2441	# 1068
Seq. Current Liabilities TTM Growth	16.45 %	5.3 %	-41.92 %	-0.88 %	3.37 %
Seq. Cash & cash equivalent TTM Growth	50.57 %	-25.03 %	-10.51 %	9.9 %	-14.26 %

Quick ratio ranking by company, industry and sector >> Back to CR Financial Strength Comparisons >> Go to Compare CR Quick Ratio to its Competitors

On the trailing twelve months basis CR Cash & cash equivalent increased by 11.01 % in IV Quarter 2023 year on year, while Current Liabilities increased to $467 millions, this led to increase in in Crane's Quick Ratio to 0.61, above CR average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Miscellaneous Fabricated Products industry just one company has achieved higher Quick Ratio during the twelve months ending in the Dec 31 2023. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 0 to 899.

Explain Quick Ratio?
How much Cash & cash equivalents CR´s has?
What are CR´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within:	No.
Within the Miscellaneous Fabricated Products Industry	# 2
Basic Materials Sector	# 35
Within the Market	# 899

trailing twelve months Quick Ratio Statistics
High	Average	Low
0.84	0.46	0.04
(Sep. 30, 2013)		(Sep. 30, 2004)

Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Miscellaneous Fabricated Products Industry	Quick Ratio	Dec 31 2023 MRQ Cash & cash equivalent	Dec 31 2023 MRQ Current Liabilities
Enpro Inc	1.88	$ 369.800 Millions	$ 196.400 Millions
Profire Energy Inc	1.51	$ 13.567 Millions	$ 8.965 Millions
Janus International Group Inc	0.99	$ 171.700 Millions	$ 174.100 Millions
Crane Company	0.71	$ 329.600 Millions	$ 467.100 Millions
Superior Drilling Products Inc	0.70	$ 2.671 Millions	$ 3.817 Millions
Crane Nxt Co	0.68	$ 227.200 Millions	$ 334.400 Millions
Weatherford International Plc	0.53	$ 958.000 Millions	$ 1,820.000 Millions
Erayak Power Solution Group Inc	0.44	$ 5.877 Millions	$ 13.212 Millions
Regal Rexnord Corporation	0.43	$ 574.000 Millions	$ 1,326.400 Millions
Quanex Building Products Corporation	0.43	$ 44.422 Millions	$ 104.084 Millions
Koil Energy Solutions Inc	0.38	$ 2.030 Millions	$ 5.284 Millions
Howmet Aerospace Inc	0.34	$ 610.000 Millions	$ 1,784.000 Millions
American Superconductor Corp	0.31	$ 23.979 Millions	$ 77.551 Millions
Oil States International Inc	0.30	$ 47.111 Millions	$ 157.270 Millions
Franklin Electric Co Inc	0.30	$ 84.963 Millions	$ 287.039 Millions
Timken Co	0.28	$ 419.300 Millions	$ 1,471.300 Millions
Newpark Resources Inc	0.28	$ 38.594 Millions	$ 136.284 Millions
Griffon Corporation	0.28	$ 110.546 Millions	$ 391.679 Millions
Valmont Industries Inc	0.28	$ 203.041 Millions	$ 723.102 Millions
Generac Holdings Inc	0.23	$ 200.994 Millions	$ 880.771 Millions
Barnes Group Inc	0.23	$ 89.827 Millions	$ 396.610 Millions
Technipfmc Plc	0.21	$ 951.700 Millions	$ 4,468.600 Millions
Greif Inc	0.20	$ 179.300 Millions	$ 882.700 Millions
Innovate Corp	0.20	$ 80.800 Millions	$ 413.800 Millions
Novelis Inc	0.18	$ 787.000 Millions	$ 4,457.000 Millions
Solaris Oilfield Infrastructure inc	0.16	$ 5.833 Millions	$ 37.201 Millions

Date modified: 2024-02-27T10:47:35+00:00

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