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Reliability Incorporated  (RLBY)
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Reliability Incorporated's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the third quarter 2023, Quick Ratio deteriorated to 0.47 below Reliability Incorporated's average Quick Ratio.

Within Electronic Instruments & Controls industry 29 other companies have achieved higher Quick Ratio than Reliability Incorporated in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 1745 to 2235.

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


RLBY Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change -62.05 % -63.74 % -40.25 % -1.21 % 0.07 %
Y / Y Cash & cash equivalent Change -33.36 % 1191.67 % 427.54 % 845.83 % 983.65 %
Quick Ratio MRQ 0.47 1.03 0.15 0.05 0.27
RLBY's Total Ranking # 2235 # 1745 # 3293 # 5014 # 3261
Seq. Current Liabilities Change -11.91 % -25.96 % -49.41 % 15.01 % -15.83 %
Seq. Cash & cash equivalent Change -59.62 % 410.99 % 60.35 % -79.86 % 682.64 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Electronic Instruments & Controls Industry # 30
Technology Sector # 378
Overall Market # 2235


Quick Ratio Statistics
High Average Low
19.3 1.36 0
(Jun 30 2014)   (Dec 31 2021)




Financial Statements
Reliability Incorporated's Current Liabilities $ 2 Millions Visit RLBY's Balance sheet
Reliability Incorporated's Cash & cash equivalent $ 1 Millions Visit RLBY's Balance sheet
Source of RLBY's Sales Visit RLBY's Sales by Geography


Cumulative Reliability Incorporated's Quick Ratio

RLBY's Quick Ratio for the trailling 12 Months

RLBY Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -62.05 % -63.74 % -40.25 % -1.21 % 0.07 %
Y / Y Cash & cash equivalent TTM Growth -33.36 % 1191.67 % 427.54 % 845.83 % 983.65 %
Quick Ratio TTM 0.3 0.27 0.11 0.09 0.08
Total Ranking TTM # 2422 # 2653 # 3514 # 4232 # 4154
Seq. Current Liabilities TTM Growth -11.91 % -25.96 % -49.41 % 15.01 % -15.83 %
Seq. Cash & cash equivalent TTM Growth -59.62 % 410.99 % 60.35 % -79.86 % 682.64 %


On the trailing twelve months basis Current Liabilities decreased faster than Reliability Incorporated's average Cash & cash equivalent, this led to increase in in Reliability Incorporated's Quick Ratio to 0.3, above RLBY average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Electronic Instruments & Controls industry 60 other companies have achieved higher Quick Ratio than Reliability Incorporated. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 1468 to 3777.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Electronic Instruments & Controls Industry # 61
Technology Sector # 659
Within the Market # 2235


trailing twelve months Quick Ratio Statistics
High Average Low
0.52 0.14 0.02
(Sep 30 2017)   (Mar 31 2022)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Electronic Instruments & Controls Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Espey Mfg and Electronics Corp   1.27 $ 16.129  Millions$ 12.670  Millions
Keysight Technologies inc   1.21 $ 2,472.000  Millions$ 2,049.000  Millions
Focus Universal Inc   1.03 $ 1.448  Millions$ 1.410  Millions
Sensata Technologies Holding Plc  1.02 $ 889.703  Millions$ 872.673  Millions
Teradyne Inc   0.99 $ 636.961  Millions$ 640.659  Millions
Varex Imaging Corporation  0.94 $ 152.600  Millions$ 162.800  Millions
Mesa Laboratories Inc  0.89 $ 35.617  Millions$ 39.816  Millions
International Isotopes Inc  0.82 $ 2.897  Millions$ 3.545  Millions
Crown Electrokinetics Corp   0.81 $ 2.056  Millions$ 2.537  Millions
Nuvve Holding Corp   0.77 $ 13.865  Millions$ 17.893  Millions
Hurco Companies inc   0.76 $ 41.784  Millions$ 54.973  Millions
Ametek inc   0.64 $ 841.901  Millions$ 1,310.735  Millions
M tron Industries Inc   0.64 $ 2.552  Millions$ 3.992  Millions
Methode Electronics Inc   0.56 $ 122.500  Millions$ 218.300  Millions
Hubbell Inc  0.55 $ 590.700  Millions$ 1,071.400  Millions
Reliability Incorporated  0.47 $ 0.751  Millions$ 1.590  Millions
Quarta rad Inc   0.47 $ 0.194  Millions$ 0.412  Millions
Itron Inc   0.46 $ 254.771  Millions$ 555.924  Millions
Pioneer Power Solutions Inc   0.46 $ 7.581  Millions$ 16.613  Millions
Mercury Systems Inc   0.44 $ 89.369  Millions$ 205.318  Millions
R F Industries Ltd  0.39 $ 4.897  Millions$ 12.511  Millions
Frequency Electronics Inc   0.35 $ 8.708  Millions$ 24.979  Millions
Vertiv Holdings Co  0.32 $ 500.000  Millions$ 1,558.200  Millions
Snap One Holdings Corp   0.29 $ 40.030  Millions$ 138.076  Millions
Allient Inc  0.25 $ 23.836  Millions$ 94.707  Millions
Roper Technologies Inc   0.23 $ 299.500  Millions$ 1,316.000  Millions
Trimas Corporation  0.22 $ 34.660  Millions$ 157.550  Millions
Giga tronics Inc  0.11 $ 2.052  Millions$ 18.519  Millions
Kulr Technology Group Inc   0.10 $ 1.167  Millions$ 11.407  Millions
Sypris Solutions Inc   0.10 $ 8.409  Millions$ 85.017  Millions

Date modified: 2023-12-03T11:56:22+00:00



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