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Servotronics inc   (SVT)
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Servotronics Inc 's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Quick Ratio deteriorated to 0.03 a new company low.

Within Miscellaneous Manufacturing industry 29 other companies have achieved higher Quick Ratio than Servotronics Inc in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 2658, from total ranking in the third quarter 2023 at 4343.

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


SVT 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 27.73 % 46.78 % 97.3 % 42.72 % 56.27 %
Y / Y Cash & cash equivalent Change -93.88 % -92.77 % -82.46 % -86.78 % -58.06 %
Quick Ratio MRQ 0.03 0.03 0.08 0.14 0.65
SVT's Total Ranking # 2658 # 4343 # 4252 # 4012 # 2827
Seq. Current Liabilities Change -18.31 % -16.9 % 41.86 % 32.62 % -6.13 %
Seq. Cash & cash equivalent Change -20.45 % -65.63 % -23.48 % -70.75 % -6.03 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Miscellaneous Manufacturing Industry # 30
Capital Goods Sector # 192
Overall Market # 2657


Quick Ratio Statistics
High Average Low
2.4 0.77 0.03
(Dec 31 2021)   (Dec 31 2023)




Financial Statements
Servotronics Inc 's Current Liabilities $ 8 Millions Visit SVT's Balance sheet
Servotronics Inc 's Cash & cash equivalent $ 0 Millions Visit SVT's Balance sheet
Source of SVT's Sales Visit SVT's Sales by Geography


Cumulative Servotronics Inc 's Quick Ratio

SVT's Quick Ratio for the trailling 12 Months

SVT 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 27.73 % 46.78 % 97.3 % 42.72 % 56.27 %
Y / Y Cash & cash equivalent TTM Growth -93.88 % -92.77 % -82.46 % -86.78 % -58.06 %
Quick Ratio TTM 0.07 0.18 0.32 0.54 0.91
Total Ranking TTM # 2146 # 3030 # 3390 # 3549 # 4354
Seq. Current Liabilities TTM Growth -18.31 % -16.9 % 41.86 % 32.62 % -6.13 %
Seq. Cash & cash equivalent TTM Growth -20.45 % -65.63 % -23.48 % -70.75 % -6.03 %


On the trailing twelve months basis Due to decline in Current Liabilities in the IV Quarter 2023 to $7.93 millions, cumulative Quick Ratio decreased to 0.07 below the Servotronics Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Miscellaneous Manufacturing industry 29 other companies have achieved higher Quick Ratio than Servotronics Inc . While Quick Ratio overall ranking has improved so far to 2146, from total ranking during the twelve months ending third quarter 2023 at 3030.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Miscellaneous Manufacturing Industry # 30
Capital Goods Sector # 177
Within the Market # 2146


trailing twelve months Quick Ratio Statistics
High Average Low
1.47 0.63 0.07
(Jun 30 2022)   (Dec 31 2023)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Miscellaneous Manufacturing Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Stanley Black and Decker Inc   0.08 $ 449.400  Millions$ 5,883.200  Millions
Servotronics inc   0.03 $ 0.245  Millions$ 7.928  Millions

Date modified: 2024-03-22T19:07:58+00:00



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