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Trimas Corporation  (TRS)
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Trimas's Quick Ratio

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


In the wake of the increase in Current Liabilities in the forth quarter 2023, Quick Ratio fell to 0.22 below Trimas Corporation average.

Within Electronic Instruments & Controls industry 17 other companies have achieved higher Quick Ratio than Trimas in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 1312, from total ranking in the third quarter 2023 at 3018.

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


TRS 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 20.91 % 4.88 % 2.89 % 1.58 % -10.16 %
Y / Y Cash & cash equivalent Change -68.87 % -56.86 % -14.65 % -11.78 % -20.36 %
Quick Ratio MRQ 0.22 0.22 0.28 0.35 0.85
TRS's Total Ranking # 1312 # 3018 # 468 # 895 # 908
Seq. Current Liabilities Change 1.21 % 3.91 % 1.94 % 12.79 % -12.22 %
Seq. Cash & cash equivalent Change 0.66 % -17.28 % -19.25 % -53.71 % 39.52 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Electronic Instruments & Controls Industry # 18
Technology Sector # 253
Overall Market # 1312


Quick Ratio Statistics
High Average Low
2.08 0.57 0.1
(Mar 31 2020)   (Dec 31 2013)




Financial Statements
Trimas's Current Liabilities $ 159 Millions Visit TRS's Balance sheet
Trimas's Cash & cash equivalent $ 35 Millions Visit TRS's Balance sheet
Source of TRS's Sales Visit TRS's Sales by Geography


Cumulative Trimas's Quick Ratio

TRS's Quick Ratio for the trailling 12 Months

TRS 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 20.91 % 4.88 % 2.89 % 1.58 % -10.16 %
Y / Y Cash & cash equivalent TTM Growth -68.87 % -56.86 % -14.65 % -11.78 % -20.36 %
Quick Ratio TTM 0.26 0.41 0.49 0.51 0.52
Total Ranking TTM # 2148 # 2617 # 2553 # 401 # 701
Seq. Current Liabilities TTM Growth 1.21 % 3.91 % 1.94 % 12.79 % -12.22 %
Seq. Cash & cash equivalent TTM Growth 0.66 % -17.28 % -19.25 % -53.71 % 39.52 %


On the trailing twelve months basis Due to rise in Current Liabilities in the IV Quarter 2023 to $159.45 millions, cumulative Quick Ratio decreased to 0.26 below the Trimas Corporation average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Electronic Instruments & Controls industry 31 other companies have achieved higher Quick Ratio than Trimas. While Quick Ratio overall ranking has improved so far to 2148, from total ranking during the twelve months ending third quarter 2023 at 2617.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Electronic Instruments & Controls Industry # 32
Technology Sector # 398
Within the Market # 2148


trailing twelve months Quick Ratio Statistics
High Average Low
1.18 0.63 0.19
(Sep 30 2020)   (Dec 31 2017)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Electronic Instruments & Controls Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Itron Inc   0.56 $ 302.049  Millions$ 537.236  Millions
Vertiv Holdings Co  0.47 $ 780.400  Millions$ 1,666.500  Millions
Snap One Holdings Corp   0.46 $ 61.023  Millions$ 133.826  Millions
Frequency Electronics Inc   0.42 $ 11.663  Millions$ 28.024  Millions
Hubbell Inc  0.26 $ 348.700  Millions$ 1,323.400  Millions
Trimas Corporation  0.22 $ 34.890  Millions$ 159.450  Millions
Ametek inc   0.16 $ 409.804  Millions$ 2,507.060  Millions
Roper Technologies Inc   0.16 $ 214.300  Millions$ 1,379.400  Millions
Cemtrex Inc   0.14 $ 4.030  Millions$ 28.696  Millions
Digipath Inc   0.10 $ 0.308  Millions$ 3.089  Millions
Nortech Systems Incorporated  0.06 $ 1.675  Millions$ 26.582  Millions
Amphenol Corporation  0.06 $ 185.200  Millions$ 3,152.700  Millions
Materion Corporation  0.05 $ 13.294  Millions$ 254.995  Millions

Date modified: 2024-03-01T05:18:11+00:00



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