FTK
Price:
$8.17
Market Cap:
$243.43M
Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). The CT segment designs, develops, manufactures, packages, distributes, delivers, and markets green specialty chemicals that enhance the profitability of hydrocarbon producers and cleans surfaces in commercial and personal settings to help reduce the spread of bacteria, viruses, and germs. This segment primarily serves integrated oil and gas, oilfield services, independent oil and gas, nati...[Read more]
Industry
Oil & Gas Equipment & Services
IPO Date
2005-07-27
Stock Exchange
NYSE
Ticker
FTK
According to Flotek Industries, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.93. This represents a change of 8.22% compared to the average of 1.78 of the last 4 quarters.
The mean historical Current Ratio of Flotek Industries, Inc. over the last ten years is 2.19. The current 1.93 Current Ratio has changed 8.70% with respect to the historical average. Over the past ten years (40 quarters), FTK's Current Ratio was at its highest in in the September 2019 quarter at 8.58. The Current Ratio was at its lowest in in the December 2022 quarter at 0.54.
Average
2.19
Median
2.27
Minimum
0.54
Maximum
3.69
Discovering the peaks and valleys of Flotek Industries, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 198.67%
Maximum Annual Current Ratio = 3.69
Minimum Annual Increase = -76.39%
Minimum Annual Current Ratio = 0.54
Year | Current Ratio | Change |
---|---|---|
2023 | 1.60 | 198.67% |
2022 | 0.54 | -76.39% |
2021 | 2.27 | -1.47% |
2020 | 2.30 | -37.56% |
2019 | 3.69 | 59.53% |
2018 | 2.31 | 7.91% |
2017 | 2.14 | 3.39% |
2016 | 2.07 | -8.51% |
2015 | 2.26 | -17.35% |
2014 | 2.74 | 24.54% |
The current Current Ratio of Flotek Industries, Inc. (FTK) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.47
5-year avg
2.08
10-year avg
2.19
Flotek Industries, Inc.’s Current Ratio is greater than ProPetro Holding Corp. (1.20), greater than NexTier Oilfield Solutions Inc. (1.31), greater than Liberty Energy Inc. (1.23), greater than KLX Energy Services Holdings, Inc. (1.24), less than MRC Global Inc. (1.99), less than Oil States International, Inc. (3.40), greater than Solaris Oilfield Infrastructure, Inc. (1.25), less than Ranger Energy Services, Inc. (2.00), less than Dril-Quip, Inc. (5.60), less than Geospace Technologies Corporation (5.20), greater than CSI Compressco LP (1.71), greater than Enerflex Ltd. (1.19), less than Newpark Resources, Inc. (2.29), greater than Natural Gas Services Group, Inc. (1.76), less than Forum Energy Technologies, Inc. (1.93), less than NOW Inc. (2.54), greater than Bristow Group Inc. (1.83),
Company | Current Ratio | Market cap |
---|---|---|
1.20 | $874.90M | |
1.31 | $2.42B | |
1.23 | $3.10B | |
1.24 | $106.56M | |
1.99 | $1.20B | |
3.40 | $360.99M | |
1.25 | $498.11M | |
2.00 | $374.39M | |
5.60 | $530.91M | |
5.20 | $145.48M | |
1.71 | $344.84M | |
1.19 | $1.17B | |
2.29 | $685.06M | |
1.76 | $347.78M | |
1.93 | $187.33M | |
2.54 | $1.58B | |
1.83 | $1.10B |
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