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Technipfmc Plc  (FTI)
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Technipfmc Plc's Quick Ratio

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


Technipfmc Plc's Cash & cash equivalent grew by % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Technipfmc Plc's Quick Ratio to 0.21, Quick Ratio remained below Technipfmc Plc average.

Within Miscellaneous Fabricated Products industry 19 other companies have achieved higher Quick Ratio than Technipfmc Plc in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 0 to 1377.

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


FTI Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 7.05 % 19.18 % 20.58 % 15.86 % 8.37 %
Y / Y Cash & cash equivalent Change -9.97 % - - -56.58 % -20.36 %
Quick Ratio MRQ 0.21 - - 0.12 0.25
FTI's Total Ranking # 1377 # 0 # 0 # 295 # 1575
Seq. Current Liabilities Change 0.28 % 0.41 % 4.23 % 2 % 11.64 %
Seq. Cash & cash equivalent Change - - - -50.59 % 48.57 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Miscellaneous Fabricated Products Industry # 20
Basic Materials Sector # 107
Overall Market # 1377


Quick Ratio Statistics
High Average Low
1.11 0.33 0.07
(Sep 30 2018)   (Dec. 31, 2007)




Financial Statements
Technipfmc Plc's Current Liabilities $ 4,469 Millions Visit FTI's Balance sheet
Technipfmc Plc's Cash & cash equivalent $ 952 Millions Visit FTI's Balance sheet
Source of FTI's Sales Visit FTI's Sales by Geography


Cumulative Technipfmc Plc's Quick Ratio

FTI's Quick Ratio for the trailling 12 Months

FTI Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 7.05 % 19.18 % 20.58 % 15.86 % 8.37 %
Y / Y Cash & cash equivalent TTM Growth -9.97 % - - -56.58 % -20.36 %
Quick Ratio TTM 0.08 0.09 0.14 0.19 0.24
Total Ranking TTM # 1455 # 3864 # 4017 # 315 # 1369
Seq. Current Liabilities TTM Growth 0.28 % 0.41 % 4.23 % 2 % 11.64 %
Seq. Cash & cash equivalent TTM Growth - - - -50.59 % 48.57 %


On the trailing twelve months basis Due to unchange in Current Liabilities in the IV Quarter 2023 to $4,468.60 millions, cumulative Quick Ratio decreased to 0.08 below the Technipfmc Plc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Miscellaneous Fabricated Products industry 19 other companies have achieved higher Quick Ratio than Technipfmc Plc. While Quick Ratio overall ranking has improved so far to 1455, from total ranking during the twelve months ending third quarter 2023 at 3864.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Miscellaneous Fabricated Products Industry # 20
Basic Materials Sector # 129
Within the Market # 1455


trailing twelve months Quick Ratio Statistics
High Average Low
0.63 0.31 0.08
(Sep 30 2018)   (Dec 31 2023)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Miscellaneous Fabricated Products Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Weatherford International Plc  0.53 $ 958.000  Millions$ 1,820.000  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
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
Constellium Se  0.11 $ 226.240  Millions$ 2,052.960  Millions
Matthews International Corp  0.11 $ 37.921  Millions$ 349.203  Millions
Apogee Enterprises Inc   0.10 $ 23.407  Millions$ 236.575  Millions
Parker hannifin Corporation  0.05 $ 393.868  Millions$ 7,497.073  Millions

Date modified: 2024-02-28T14:37:40+00:00



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