CSIMarket
 


Parker hannifin Corporation  (PH)
Other Ticker:  
 

Parker Hannifin's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the first quarter 2023, Quick Ratio deteriorated to 0.06 a new company low.

Within Miscellaneous Fabricated Products industry 34 other companies have achieved higher Quick Ratio than Parker Hannifin in first quarter 2023. While Quick Ratio total ranking has improved so far during the I Quarter 2023 to 3281, from total ranking in the forth quarter 2023 at 3797.

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


PH Quick Ratio (Sep 30 2023)
I. Quarter
(Jun 30 2023)
IV. Quarter
(Mar 31 2023)
III. Quarter
(Dec 31 2022)
II. Quarter
(Sep 30 2022)
I. Quarter
Y / Y Current Liabilities Change 39.43 % 32.02 % 7.06 % 8.48 % 67.48 %
Y / Y Cash & cash equivalent Change -12.45 % -14.21 % 10.28 % 58.71 % 0.59 %
Quick Ratio MRQ 0.06 0.06 0.1 0.14 0.09
PH's Total Ranking # 3281 # 3797 # 1331 # 1372 # 4132
Seq. Current Liabilities Change -0.88 % 33.64 % 1.49 % 3.72 % -6.15 %
Seq. Cash & cash equivalent Change -5.52 % -13.38 % -28.21 % 49.03 % -7.42 %



Quick Ratio first quarter 2023 Company Ranking
Within: No.
Miscellaneous Fabricated Products Industry # 35
Basic Materials Sector # 195
Overall Market # 3281


Quick Ratio Statistics
High Average Low
1.07 0.32 0.06
(Jun 30 2019)   (Sep 30 2023)




Financial Statements
Parker Hannifin's Current Liabilities $ 7,667 Millions Visit PH's Balance sheet
Parker Hannifin's Cash & cash equivalent $ 457 Millions Visit PH's Balance sheet
Source of PH's Sales Visit PH's Sales by Geography


Cumulative Parker Hannifin's Quick Ratio

PH's Quick Ratio for the trailling 12 Months

PH Quick Ratio

(Sep 30 2023)
I. Quarter
(Jun 30 2023)
IV. Quarter
(Mar 31 2023)
III. Quarter
(Dec 31 2022)
II. Quarter
(Sep 30 2022)
I. Quarter
Y / Y Current Liabilities TTM Growth 39.43 % 32.02 % 7.06 % 8.48 % 67.48 %
Y / Y Cash & cash equivalent TTM Growth -12.45 % -14.21 % 10.28 % 58.71 % 0.59 %
Quick Ratio TTM 0.08 0.09 0.11 0.11 0.09
Total Ranking TTM # 3844 # 4008 # 3267 # 1874 # 1609
Seq. Current Liabilities TTM Growth -0.88 % 33.64 % 1.49 % 3.72 % -6.15 %
Seq. Cash & cash equivalent TTM Growth -5.52 % -13.38 % -28.21 % 49.03 % -7.42 %


On the trailing twelve months basis Due to decrease in Current Liabilities in the I Quarter 2023 to $7,667.06 millions, cumulative Quick Ratio decreased to 0.08 below the Parker Hannifin Corporation average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Miscellaneous Fabricated Products industry 46 other companies have achieved higher Quick Ratio than Parker Hannifin. While Quick Ratio overall ranking has improved so far to 3844, from total ranking during the twelve months ending forth quarter 2023 at 4008.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Miscellaneous Fabricated Products Industry # 47
Basic Materials Sector # 278
Within the Market # 3844


trailing twelve months Quick Ratio Statistics
High Average Low
0.87 0.31 0.08
(Dec 31 2016)   (Dec. 31, 2007)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Miscellaneous Fabricated Products Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Kaiser Aluminum Corporation  0.12 $ 44.600  Millions$ 367.000  Millions
Constellium Se  0.11 $ 226.240  Millions$ 2,052.960  Millions
Matthews International Corp  0.11 $ 42.101  Millions$ 394.600  Millions
Innovate Corp   0.10 $ 55.700  Millions$ 557.700  Millions
Apogee Enterprises Inc   0.08 $ 18.423  Millions$ 224.286  Millions
Solaris Oilfield Infrastructure inc   0.08 $ 3.451  Millions$ 42.905  Millions
Parker hannifin Corporation  0.06 $ 456.856  Millions$ 7,667.056  Millions
Fathom Digital Manufacturing Corporation  0.05 $ 7.821  Millions$ 169.393  Millions
Qs Energy Inc   0.04 $ 0.214  Millions$ 5.283  Millions
Broadwind Inc   0.02 $ 1.740  Millions$ 84.445  Millions

Date modified: 2023-11-08T20:23:32+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com