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Park Aerospace Corp   (PKE)
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    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods

Park Aerospace 's Quick Ratio

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


Current Liabilities decreased faster than Park Aerospace 's Cash & cash equivalent, this led to improvement in Park Aerospace 's Quick Ratio to 11.51, Quick Ratio remained below Park Aerospace Corp average.

Within Aerospace & Defense industry Park Aerospace Corp booked the highest Quick Ratio than Park Aerospace in the third quarter 2023. While total ranking remained the same in the III Quarter 2023 compared to the second quarter 2023 at no. 2.

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


PKE Quick Ratio (Nov 26 2023)
III. Quarter
(Aug 27 2023)
II. Quarter
(May 28 2023)
I. Quarter
(Feb 26 2023)
IV. Quarter
(Nov 27 2022)
III. Quarter
Y / Y Current Liabilities Change 1.28 % -4.96 % 33.98 % 354.32 % -1.64 %
Y / Y Cash & cash equivalent Change -28.38 % -27.57 % -24.43 % -4.46 % -5.77 %
Quick Ratio MRQ 11.51 10.93 8.28 3.69 16.27
PKE's Total Ranking # 2 # 2 # 2 # 859 # 3
Seq. Current Liabilities Change -5.29 % -30.72 % -65.72 % 350.32 % -11.12 %
Seq. Cash & cash equivalent Change -0.3 % -8.5 % -23.08 % 2.07 % 0.82 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Aerospace & Defense Industry # 1
Capital Goods Sector # 1
Overall Market # 2


Quick Ratio Statistics
High Average Low
27.11 13.49 3.69
(Sep 01 2019)   (Feb 26 2023)




Financial Statements
Park Aerospace 's Current Liabilities $ 6 Millions Visit PKE's Balance sheet
Park Aerospace 's Cash & cash equivalent $ 74 Millions Visit PKE's Balance sheet
Source of PKE's Sales Visit PKE's Sales by Geography


Cumulative Park Aerospace 's Quick Ratio

PKE's Quick Ratio for the trailling 12 Months

PKE Quick Ratio

(Nov 26 2023)
III. Quarter
(Aug 27 2023)
II. Quarter
(May 28 2023)
I. Quarter
(Feb 26 2023)
IV. Quarter
(Nov 27 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 1.28 % -4.96 % 33.98 % 354.32 % -1.64 %
Y / Y Cash & cash equivalent TTM Growth -28.38 % -27.57 % -24.43 % -4.46 % -5.77 %
Quick Ratio TTM 6.49 7.07 7.56 8.47 15.63
Total Ranking TTM # 4 # 2995 # 286 # 3173 # 3368
Seq. Current Liabilities TTM Growth -5.29 % -30.72 % -65.72 % 350.32 % -11.12 %
Seq. Cash & cash equivalent TTM Growth -0.3 % -8.5 % -23.08 % 2.07 % 0.82 %


On the trailing twelve months basis Due to decrease in Current Liabilities in the III Quarter 2023 to $6.43 millions, cumulative Quick Ratio decreased to 6.49 below the Park Aerospace Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Aerospace & Defense industry PKE achieved the highest Quick Ratio. While Quick Ratio overall ranking has improved so far to 4, from total ranking during the twelve months ending second quarter 2023 at 2995.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Aerospace & Defense Industry # 0
Capital Goods Sector # 0
Within the Market # 4


trailing twelve months Quick Ratio Statistics
High Average Low
19.87 12.85 6.49
(May 31 2020)   (Nov 26 2023)




Companies with similar Quick Ratio in the quarter ending Nov 26 2023, within Aerospace & Defense Industry Quick RatioNov 26 2023 MRQ Cash & cash equivalentNov 26 2023 MRQ Current Liabilities
Park Aerospace Corp   11.51 $ 73.989  Millions$ 6.429  Millions
Nextnav Inc   8.76 $ 85.832  Millions$ 9.803  Millions
Joby Aviation Inc   8.37 $ 828.233  Millions$ 98.975  Millions
Vertical Aerospace ltd   2.64 $ 48.680  Millions$ 18.418  Millions

Date modified: 2024-01-11T13:28:00+00:00



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