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Spirit Aerosystems Holdings inc   (SPR)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods

Spirit Aerosystems Holdings Inc 's Quick Ratio

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


Spirit Aerosystems Holdings Inc 's Cash & cash equivalent grew by 120.13 % in the IV Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Spirit Aerosystems Holdings Inc 's Quick Ratio to 0.37, Quick Ratio remained below Spirit Aerosystems Holdings inc average.

Within Aerospace & Defense industry 6 other companies have achieved higher Quick Ratio than Spirit Aerosystems Holdings Inc in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 665 to 908.

Explain Quick Ratio?
How much Cash & cash equivalents SPRīs has?
What are SPRīs Current Liabilities?


SPR Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 28 2023)
III. Quarter
(Jun 29 2023)
II. Quarter
(Mar 30 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 12.59 % 5.03 % 0.27 % 14.83 % 4.08 %
Y / Y Cash & cash equivalent Change 25.04 % -44.21 % -31.75 % -50.7 % -55.46 %
Quick Ratio MRQ 0.37 0.16 0.24 0.27 0.34
SPR's Total Ranking # 908 # 665 # 2165 # 2828 # 1333
Seq. Current Liabilities Change -6.46 % 7.51 % 4.31 % 7.32 % -12.74 %
Seq. Cash & cash equivalent Change 120.13 % -28.84 % -7.41 % -13.79 % -1.77 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Aerospace & Defense Industry # 7
Capital Goods Sector # 78
Overall Market # 908


Quick Ratio Statistics
High Average Low
1.35 0.53 0.15
(Jul 02 2020)   (Mar 29 2012)




Financial Statements
Spirit Aerosystems Holdings Inc 's Current Liabilities $ 2,198 Millions Visit SPR's Balance sheet
Spirit Aerosystems Holdings Inc 's Cash & cash equivalent $ 824 Millions Visit SPR's Balance sheet
Source of SPR's Sales Visit SPR's Sales by Geography


Cumulative Spirit Aerosystems Holdings Inc 's Quick Ratio

SPR's Quick Ratio for the trailling 12 Months

SPR Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 28 2023)
III. Quarter
(Jun 29 2023)
II. Quarter
(Mar 30 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 12.59 % 5.03 % 0.27 % 14.83 % 4.08 %
Y / Y Cash & cash equivalent TTM Growth 25.04 % -44.21 % -31.75 % -50.7 % -55.46 %
Quick Ratio TTM 0.26 0.25 0.29 0.32 0.4
Total Ranking TTM # 1363 # 2819 # 3971 # 3650 # 4209
Seq. Current Liabilities TTM Growth -6.46 % 7.51 % 4.31 % 7.32 % -12.74 %
Seq. Cash & cash equivalent TTM Growth 120.13 % -28.84 % -7.41 % -13.79 % -1.77 %


On the trailing twelve months basis SPR Cash & cash equivalent grew by 25.04 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Spirit Aerosystems Holdings Inc 's Quick Ratio to 0.26, Quick Ratio remained below SPR average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Aerospace & Defense industry 19 other companies have achieved higher Quick Ratio than Spirit Aerosystems Holdings Inc . While Quick Ratio overall ranking has improved so far to 1363, from total ranking during the twelve months ending third quarter 2023 at 2819.

Explain Quick Ratio?
How much Cash & cash equivalents SPRīs has?
What are SPRīs Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Aerospace & Defense Industry # 20
Capital Goods Sector # 126
Within the Market # 1363


trailing twelve months Quick Ratio Statistics
High Average Low
1.23 0.58 0.25
(Oct 01 2020)   (Sep 28 2023)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Aerospace & Defense Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Axon Enterprise inc   0.85 $ 676.485  Millions$ 799.969  Millions
Leonardo Drs Inc   0.63 $ 467.000  Millions$ 743.000  Millions
Nextracker Inc   0.48 $ 367.818  Millions$ 759.437  Millions
Northrop Grumman Corp  0.40 $ 3,109.000  Millions$ 7,749.000  Millions
Spirit Aerosystems Holdings inc   0.37 $ 823.500  Millions$ 2,198.300  Millions
Teledyne Technologies Inc  0.37 $ 648.300  Millions$ 1,766.100  Millions
Lilium N v   0.32 $ 84.259  Millions$ 260.016  Millions
Redwire Corporation  0.27 $ 30.278  Millions$ 112.036  Millions
Kratos Defense and Security Solutions inc   0.25 $ 72.800  Millions$ 292.500  Millions
Ducommun Incorporated  0.23 $ 42.863  Millions$ 183.703  Millions
Aar Corp  0.20 $ 75.500  Millions$ 380.100  Millions
Lockheed Martin Corporation  0.19 $ 1,442.000  Millions$ 7,747.000  Millions
Boeing Co  0.17 $ 15,965.000  Millions$ 95,827.000  Millions
Vista Outdoor inc   0.13 $ 57.028  Millions$ 440.032  Millions
Kaman Corporation  0.10 $ 35.183  Millions$ 342.800  Millions

Date modified: 2024-02-23T12:25:07+00:00



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