Bantec Inc Quick Ratio (BANT) starting from the third quarter 2024 to third quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Bantec Inc   (BANT)
    Sector • Capital Goods    Industry • Aerospace & Defense
   Industry • Aerospace & Defense
   Sector • Capital Goods

Bantec Inc 's Quick Ratio

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


In the wake of the increase in Current Liabilities in the third quarter 2024, Quick Ratio fell to 0 a new company low.

Within Aerospace & Defense industry 51 other companies have achieved higher Quick Ratio than Bantec Inc in third quarter 2024. While Quick Ratio total ranking in the third quarter 2024 has deteriorated compared to the prior quarter from 4307 to 5510.

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




BANT Quick Ratio (Jun 30 2024)
Q3
(Mar 31 2024)
Q2
(Dec 31 2023)
Q1
(Sep 30 2023)
Q4
(Jun 30 2023)
Q3
Y / Y Current Liabilities Change -45.15 % -43.66 % -42.56 % -40.18 % 13.37 %
Y / Y Cash & cash equivalent Change -77.24 % 343.07 % 6.6 % -80.98 % -82 %
Quick Ratio MRQ 0 0 0.01 0 0
BANT's Total Ranking # 5510 # 4307 # 5067 # 4477 #
Seq. Current Liabilities Change 3.02 % 2.7 % -7.64 % -43.86 % 5.82 %
Seq. Cash & cash equivalent Change -77.85 % -55.57 % 185.53 % -19.03 % 331.29 %



Quick Ratio third quarter 2024 Company Ranking
Within: No.
Aerospace & Defense Industry # 52
Capital Goods Sector # 326
Overall Market # 5510


Quick Ratio Statistics
High Average Low
0.06 0.01 0
(Sep 30 2021)   (Mar 31 2023)




Financial Statements
Bantec Inc 's Current Liabilities $ 10 Millions Visit BANT's Balance sheet
Bantec Inc 's Cash & cash equivalent $ 0 Millions Visit BANT's Balance sheet
Source of BANT's Sales Visit BANT's Sales by Geography


Cumulative Bantec Inc 's Quick Ratio

BANT's Quick Ratio for the trailling 12 Months

BANT Quick Ratio

(Jun 30 2024)
12 Months
(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
(Jun 30 2023)
12 Months
Y / Y Current Liabilities TTM Growth -42.93 % -28.79 % -15.71 % -4.13 % 7.96 %
Y / Y Cash & cash equivalent TTM Growth -42.86 % -57.84 % -79.11 % -88.47 % -86.02 %
Quick Ratio TTM 0 0 0 0 0
Total Ranking TTM # 3720 # 3680 # 3992 # 4099 #
Seq. Current Liabilities TTM Growth -17.28 % -13.64 % -11.27 % -9.96 % 3.21 %
Seq. Cash & cash equivalent TTM Growth -15 % 18.27 % 3.4 % -45.02 % -37.29 %


On the trailing twelve months basis In spite of the year on year decrease in BANT's Current Liabilities to $10.13 millions, cumulative Quick Ratio