Sunworks Inc Quick Ratio (SUNW) starting from the third quarter 2023 to third quarter 2022, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Sunworks Inc   (NASDAQ: SUNW)

Sunworks Inc 's Quick Ratio

SUNW'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 0.06 below Sunworks Inc 's average Quick Ratio.

Within Industrial Machinery and Components industry 108 other companies have achieved higher Quick Ratio than Sunworks Inc in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 4225 to 4550.

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




SUNW Quick Ratio (Sep 30 2023)
Q3
(Jun 30 2023)
Q2
(Mar 31 2023)
Q1
(Dec 31 2022)
Q4
(Sep 30 2022)
Q3
Y / Y Current Liabilities Change -15.56 % 22.47 % 57.2 % 107.14 % 106.67 %
Y / Y Cash & cash equivalent Change -84.61 % -61.62 % -82.29 % -60.41 % 27.22 %
Quick Ratio MRQ 0.06 0.1 0.08 0.15 0.3
SUNW's Total Ranking # 4550 # 4225 # 3792 # 3585 # 3223
Seq. Current Liabilities Change -12.3 % 0.99 % -12.11 % 8.48 % 27.2 %
Seq. Cash & cash equivalent Change -52.56 % 34.43 % -55.87 % -45.3 % 18.28 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Industrial Machinery and Components Industry # 109
Capital Goods Sector # 265
Overall Market # 4550


Quick Ratio Statistics
High Average Low
4.95 0.53 0
(Mar 31 2021)   (Dec 31 2013)




Financial Statements
Sunworks Inc 's Current Liabilities $ 40 Millions Visit SUNW's Balance sheet
Sunworks Inc 's Cash & cash equivalent $ 2 Millions Visit SUNW's Balance sheet
Source of SUNW's Sales Visit SUNW's Sales by Geography


Cumulative Sunworks Inc 's Quick Ratio

SUNW's Quick Ratio for the trailling 12 Months

SUNW Quick Ratio

(Sep 30 2023)
12 Months
(Jun 30 2023)
12 Months
(Mar 31 2023)
12 Months
(Dec 31 2022)
12 Months
(Sep 30 2022)
12 Months
Y / Y Current Liabilities TTM Growth 31.86 % 66.69 % 69.89 % 74.12 % 62.75 %
Y / Y Cash & cash equivalent TTM Growth -72.4 % -51.72 % -51.34 % -61.77 % -58.92 %
Quick Ratio TTM 0.1 0.16 0.21 0.33 0.48
Total Ranking TTM # 4238 # 4043 # 4046 # 3716 # 3978
Seq. Current Liabilities TTM Growth -3.89 % 4.62 % 9.98 % 19.24 % 21.5 %
Seq. Cash & cash equivalent TTM Growth -40.05 % -19.78 % -29.87 % -18.18 % 4.89 %


On the trailing twelve months basis In spite of the year on year decrease in SUNW's Current Liabilities to $39.90 millions, cumulative Quick Ratio to 0.1 below the SUNW average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Industrial Machinery and Components industry 121 other companies have achieved higher Quick Ratio than Sunworks Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 4043 to 4238.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Industrial Machinery and Components Industry # 122
Capital Goods Sector # 277
Within the Market # 4238


trailing twelve months Quick Ratio Statistics
High Average Low
2.29 0.5 0.02
(Mar 31 2021)   (Dec 31 2013)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Industrial Machinery and Components Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Richtech Robotics Inc  0.15 $ 0.433  Millions$ 2.890  Millions
Pentair Plc  0.14 $ 137.000  Millions$ 1,001.900  Millions
Moog Inc   0.14 $ 68.959  Millions$ 507.458  Millions
Siteone Landscape Supply Inc   0.11 $ 74.900  Millions$ 654.700  Millions
Lennox International Inc  0.11 $ 141.600  Millions$ 1,255.000  Millions
Enerflex Ltd  0.11 $ 99.717  Millions$ 910.000  Millions
Corporate Universe Inc   0.11 $ 0.525  Millions$ 4.886  Millions
Perma pipe International Holdings Inc   0.10 $ 6.021  Millions$ 57.538  Millions
Hongli Group Inc  0.10 $ 0.776  Millions$ 7.683  Millions
Zebra Technologies Corporation  0.10 $ 61.000  Millions$ 631.000  Millions
Reto Eco Solutions Inc  0.08 $ 1.414  Millions$ 17.313  Millions
Flux Power Holdings Inc   0.08 $ 1.139  Millions$ 13.984  Millions
Johnson Controls International Plc  0.07 $ 835.000  Millions$ 11,313.000  Millions
Schmid Group N v   0.07 $ 6.316  Millions$ 96.619  Millions
OZOP ENERGY SOLUTIONS, INC.  0.07 $ 0.966  Millions$ 14.805  Millions
Tecogen Inc   0.06 $ 0.646  Millions$ 10.127  Millions
Turbo Energy S A  0.06 $ 0.695  Millions$ 11.004  Millions
Manitex International Inc   0.06 $ 4.876  Millions$ 78.805  Millions
Fusion Fuel Green Plc  0.06 $ 3.369  Millions$ 58.592  Millions
Sunworks Inc   0.06 $ 2.197  Millions$ 39.897  Millions
P and f Industries inc   0.04 $ 0.338  Millions$ 9.215  Millions
Airjoule Technologies Corporation  0.04 $ 0.294  Millions$ 8.274  Millions
Polar Power Inc   0.04 $ 0.404  Millions$ 11.446  Millions
Originclear Inc   0.03 $ 1.176  Millions$ 35.637  Millions
U Power Limited  0.03 $ 0.271  Millions$ 10.546  Millions
Welsbach Technology Metals Acquisition Corp  0.03 $ 0.095  Millions$ 3.711  Millions
Sunrise New Energy Co Ltd  0.02 $ 1.396  Millions$ 57.372  Millions
Fortune Rise Acquisition Corporation  0.02 $ 0.112  Millions$ 4.882  Millions
TurnOnGreen, Inc.  0.01 $ 0.035  Millions$ 2.801  Millions

Date modified: 2026-09-26T07:10:42+00:00



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