Cheetah Net Supply Chain Service Inc Quick Ratio (CTNT) starting from the second quarter 2026 to second quarter 2025, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
Cheetah Net Supply Chain Service Inc 's Quick Ratio
CTNT's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Regardless of the sequential decrease in Current Liabilities, during the second quarter 2026, Quick Ratio deteriorated to 2.78 below Cheetah Net Supply Chain Service Inc 's average Quick Ratio.
Within Auto & Truck Parts industry 4 other companies have achieved higher Quick Ratio than Cheetah Net Supply Chain Service Inc in second quarter 2026. While Quick Ratio total ranking in the second quarter 2026 has deteriorated compared to the prior quarter from 65 to 1167.
Cheetah Net Supply Chain Service Inc., a prominent supplier of parallel-import vehicles in the U.S., recently concluded its highly successful follow-on public offering, raising a remarkable $8.19 million. The funding milestone empowers the company to expand its operations and solidify its position as a leading logistics and warehouse service provider in the global market. This article by Forbes delves into the significance of the offering, highlights Cheetah Net s achievements, and explores the future prospects for the supply chain giant. Cheetah Net s Public Offering: On May 15, 2024, Cheetah Net Supply Chain Service Inc. announced the completion of its follow-on offering, enabling the sale of 13,210,000 shares of Class A common stock. Each share was priced at $0.62, generating an impressive $8.19 million in gross proceeds. This substantial capital injection will drive the company s expansion plans and propel its growth trajectory within the supply chain industry.
Cheetah Net Supply Chain Service Inc. (Cheetah Net), a prominent supplier of parallel-import vehicles from the U.S. destined for the Chinese market, has successfully priced its follow-on public offering of Class A common stock at $8.19 million. The offering involved 13,210,000 shares of Class A common stock, each priced at $0.62, marking a significant fundraising milestone for the company. With this newly generated capital, Cheetah Net aims to further expand its logistical and warehousing capabilities to meet the rising demand for parallel-import vehicles in the People s Republic of China (PRC). The Offering: Cheetah Net s follow-on public offering has been a highly anticipated event among investors, as it presented an opportunity to invest in a rapidly growing company that acts as a bridge between the U.S. automobile market and China s thriving automotive industry. The 13,210,000 shares of Class A common stock were offered at an attractive price point of $0.62 per share, resulting in total gross proceeds of $8,190,200. After deducting placement agent fees and other associated offering expenses, the capital raised will be directed towards strategic investments, driving the company s future growth.
On the trailing twelve months basis CTNT Cash & cash equivalent more than doubled by 1057.54 % in Q2 2026 year on year, while Current Liabilities plummeted to $1 millions, this led to increase in in Cheetah Net Supply Chain Service Inc 's Quick Ratio to 9.57, above CTNT average Quick Ratio. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Auto & Truck Parts industry 42 other companies have achieved higher Quick Ratio than Cheetah Net Supply Chain Service Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2026 from 3428 to 4022.
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