QTEK
Price:
$0.075
Market Cap:
$4.89M
QualTek Services Inc. provides communications infrastructure, power grid modernization, and renewable solutions to telecommunications and utilities industries in North America. The company operates through two segments, Telecom, and Renewables and Recovery Logistics. The Telecom segment engages in the installation, project management, maintenance, real estate, and site acquisition; fiber optic aerial and underground installation, fiber optic splicing, termination and testing, new installation, engineering, and fulfillment services to telecommunication companies; and electrical contracting, and utility construction and maintenance services to municipalities, electric membership cooperatives, ...[Read more]
Industry
Telecommunications Services
IPO Date
2022-02-15
Stock Exchange
NASDAQ
Ticker
QTEK
According to QualTek Services Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.36. This represents a change of -63.00% compared to the average of 0.98 of the last 4 quarters.
The mean historical Current Ratio of QualTek Services Inc. over the last ten years is 0.93. The current 0.36 Current Ratio has changed 3.82% with respect to the historical average. Over the past ten years (40 quarters), QTEK's Current Ratio was at its highest in in the March 2021 quarter at 37.41. The Current Ratio was at its lowest in in the April 2023 quarter at 0.33.
Average
0.93
Median
0.97
Minimum
0.36
Maximum
1.40
Discovering the peaks and valleys of QualTek Services 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 = 0%
Maximum Annual Current Ratio = 1.40
Minimum Annual Increase = -57.21%
Minimum Annual Current Ratio = 0.36
Year | Current Ratio | Change |
---|---|---|
2022 | 0.36 | -57.21% |
2021 | 0.85 | -22.18% |
2020 | 1.09 | -22.26% |
The current Current Ratio of QualTek Services Inc. (QTEK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.77
5-year avg
0.93
10-year avg
0.93
QualTek Services Inc.’s Current Ratio is less than Charge Enterprises, Inc. (0), less than KORE Group Holdings, Inc. (0.94), less than Consolidated Communications Holdings, Inc. (1.36), less than Grupo Televisa, S.A.B. (0.76), less than FingerMotion, Inc. (2.43), less than IDT Corporation (1.48), less than Cogent Communications Holdings, Inc. (1.51), less than Liberty Broadband Corporation (2.03), greater than Ribbon Communications Inc. (0.03), less than KT Corporation (1.42), less than Liberty Broadband Corporation (1.08), greater than null (0.03),
Company | Current Ratio | Market cap |
---|---|---|
0 | $0 | |
0.94 | $34.74M | |
1.36 | $547.91M | |
0.76 | $1.11B | |
2.43 | $101.16M | |
1.48 | $1.25B | |
1.51 | $3.93B | |
2.03 | $12.50B | |
0.03 | $671.72M | |
1.42 | $7.84B | |
1.08 | $12.50B | |
0.03 | $0 |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like QualTek Services Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like QualTek Services Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is QualTek Services Inc.'s Current Ratio?
How is the Current Ratio calculated for QualTek Services Inc. (QTEK)?
What is the highest Current Ratio for QualTek Services Inc. (QTEK)?
What is the 3-year average Current Ratio for QualTek Services Inc. (QTEK)?
What is the 5-year average Current Ratio for QualTek Services Inc. (QTEK)?
How does the current Current Ratio for QualTek Services Inc. (QTEK) compare to its historical average?