Shift Technologies (SFT) Current Ratio

Price: $0.1703
Market Cap: $2.89M
Avg Volume: 173.14M
Country: US
Industry: Auto - Dealerships
Sector: Consumer Cyclical
Beta: 1.417868
52W Range: $0.1451-0.289
Website: Shift Technologies

Shift Technologies Current Ratio

  • Annual: 1.87
  • Quarterly: 1.33
  • TTM: 1.87

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess Shift Technologies's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 1.44
    • Quarterly: 0.92
    • TTM: 1.44
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 1.01
    • Quarterly: 0.40
    • TTM: 1.01

These metrics provide insights into Shift Technologies's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Current Ratio

1.87

Quarterly Current Ratio

1.33

TTM Current Ratio

1.87

Shift Technologies Historical Current Ratio
8.008.006.006.004.004.002.002.000.000.00Current Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Historical Quick Ratio
6.006.005.005.004.004.003.003.002.002.001.001.000.000.00Quick Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Historical Cash Ratio
5.005.004.004.003.003.002.002.001.001.000.000.00Cash Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023

Shift Technologies Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2022.

Year Current Ratio Quick Ratio Cash Ratio
2022 1.87 1.44 1.01
2021 2.34 1.48 1.28
2020 6.34 5.29 5.00
2019 2.69 1.93 1.78

Related Metrics

Explore detailed financial metrics and analysis for SFT.