In the wake of the increase in Current Liabilities in the fourth quarter 2023, Quick Ratio fell to 0.01 below Tessco Technologies Incorporated average.

Within Electronic Parts & Equipment industry 11 other companies have achieved higher Quick Ratio than Tessco Technologies Incorporated in fourth quarter 2023. While Quick Ratio total ranking in the fourth quarter 2023 has deteriorated compared to the prior quarter from 443 to 5670.

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TESS Quick Ratio	(Mar 26 2023) Q4	(Dec 25 2022) Q3	(Sep 25 2022) Q2	(Jun 26 2022) Q1	(Mar 27 2022) Q4
Y / Y Current Liabilities Change	9.41 %	20.06 %	21.42 %	-5.09 %	5.63 %
Y / Y Cash & cash equivalent Change	-55.69 %	191.55 %	61.66 %	36.17 %	58.02 %
Quick Ratio MRQ	0.01	0.04	0.04	0.04	0.02
TESS's Total Ranking	# 5670	# 443	# 4626	# 4546	# 5377
Seq. Current Liabilities Change	6.06 %	-10.34 %	7.12 %	7.41 %	16.38 %
Seq. Cash & cash equivalent Change	-76.25 %	-1.5 %	10.5 %	71.37 %	56.3 %

Quick Ratio fourth quarter 2023 Company Ranking
Within:	No.
Electronic Parts & Equipment Industry	# 12
Consumer Discretionary Sector	# 204
Overall Market	# 5670

Quick Ratio Statistics
High	Average	Low
0.35	0.07	0
(Mar 27 2016)		(Jun 28 2020)

Financial Statements
Tessco Technologies Incorporated's Current Liabilities	$ 83 Millions	Visit TESS's Balance sheet
Tessco Technologies Incorporated's Cash & cash equivalent	$ 1 Millions	Visit TESS's Balance sheet
Source of TESS's Sales		Visit TESS's Sales by Geography

Cumulative Tessco Technologies Incorporated's Quick Ratio

TESS's Quick Ratio for the trailling 12 Months

TESS Quick Ratio	(Mar 26 2023) 12 Months	(Dec 25 2022) 12 Months	(Sep 25 2022) 12 Months	(Jun 26 2022) 12 Months	(Mar 27 2022) 12 Months
Y / Y Current Liabilities TTM Growth	10.46 %	9.55 %	0.23 %	-14.88 %	-20.01 %
Y / Y Cash & cash equivalent TTM Growth	45.36 %	74.82 %	64.16 %	122.25 %	423.15 %
Quick Ratio TTM	0.03	0.04	0.03	0.03	0.02
Total Ranking TTM	# 4961	# 4660	# 414	# 603	# 5119
Seq. Current Liabilities TTM Growth	2.21 %	4.22 %	5.23 %	-1.46 %	1.37 %
Seq. Cash & cash equivalent TTM Growth	-8.6 %	23.36 %	15.96 %	11.18 %	9.92 %

Quick ratio ranking by company, industry and sector >> Back to TESS Financial Strength Comparisons >> Go to Compare TESS Quick Ratio to its Competitors

On the trailing twelve months basis Due to rise in Current Liabilities in the Q4 2023 to $83.19 millions, cumulative Quick Ratio decreased to 0.03 below the Tessco Technologies Incorporated average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Electronic Parts & Equipment industry 12 other companies have achieved higher Quick Ratio than Tessco Technologies Incorporated. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2022 from 4660 to 4961.

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

TTM Quick Ratio Company Ranking
Within:	No.
Within the Electronic Parts & Equipment Industry	# 13
Consumer Discretionary Sector	# 197
Within the Market	# 4961

trailing twelve months Quick Ratio Statistics
High	Average	Low
0.19	0.05	0
(Sep 25 2016)		(Dec 30 2018)

Companies with similar Quick Ratio in the quarter ending Mar 26 2023, within Electronic Parts & Equipment Industry	Quick Ratio	Mar 26 2023 MRQ Cash & cash equivalent	Mar 26 2023 MRQ Current Liabilities
Tessco Technologies Incorporated	0.01	$ 0.777 Millions	$ 83.192 Millions

Date modified: 2026-09-08T15:10:58+00:00

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