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Quick Ratio for One Stop Systems Inc

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OSS: One Stop Systems Inc

One Stop Systems, Inc. designs, manufactures, and markets rugged high-performance compute, high speed switch fabrics, and storage systems for edge applications of artificial intelligence and machine l...

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52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on One Stop Systems Inc's Quick Ratio:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 20240.5x1.5x2.5x3.5x

Performance Summary
  • One Stop Systems's quick ratio last quarter was 2.2x
  • One Stop Systems's quick ratio for fiscal years ending December 2020 to 2024 averaged 2.3x.
  • One Stop Systems's operated at median quick ratio of 2.2x from fiscal years ending December 2020 to 2024.
  • Looking back at the last 5 years, One Stop Systems's quick ratio peaked in December 2023 at 2.9x.
  • One Stop Systems's quick ratio hit its 5-year low in December 2020 of 1.8x.
  • One Stop Systems's quick ratio decreased in 2022 (2.2x, -13.8%) and 2024 (2.2x, -24.3%) and increased in 2020 (1.8x, +11.6%), 2021 (2.6x, +45.6%), and 2023 (2.9x, +32.4%).

How does One Stop Systems's Quick Ratio benchmark against competitors?

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We've identified the following companies as similar to One Stop Systems Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Quick Ratio

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quick_ratio
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number
Datatype
text
Format
current
Default Period
FY, Q
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Quick Ratio in the risk category include:

  • Cash / Total Capital - A ratio that measures the level of the cash relative to the market value of total capital.
  • Total Liabilities / Total Assets - A ratio that measures the proportion of a firm's assets financed by liabilities.
  • Debt / Total Equity - A ratio that measures the level of the debt relative to the book value of total equity.
  • FCF / OCF - A ratio that measures the amount of free cash flows (FCF) for each dollar of operating cash flows (OCF).
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Quick Ratio

A ratio used to assess a company's short-term liquidity.

Definition of Quick Ratio

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Quick Ratio or acid-test or liquidity ratio measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately. Quick Ratio is defined as:

(Cash & ST Investments
  (+) Accounts Receivable)
(/) Current Liabilities
(=) Quick Ratio

Quick Ratio for One Stop Systems is calculated as follows:

(Cash & ST Investments [ 10.011 M ]
  (+) Accounts Receivable [ 8.177 M ]
(/) Current Liabilities [ 8.196 M ]
(=) Quick Ratio [ 2.2x ]

The tables below summarizes the trend in One Stop Systems’s quick ratio over the last five years:

Fiscal Year Cash & ST Investments Accounts Receivable Current Liabilities Quick Ratio
2020-12-31 6.317 M 7.458 M 7.812 M 1.8x
2021-12-31 19.637 M 5.09 M 9.632 M 2.6x
2022-12-31 13.236 M 11.327 M 11.096 M 2.2x
2023-12-31 11.821 M 8.318 M 6.873 M 2.9x
2024-12-31 10.011 M 8.177 M 8.196 M 2.2x

The tables below summarizes the trend in One Stop Systems’s quick ratio over the last four quarters:

Fiscal Year Cash & ST Investments Accounts Receivable Current Liabilities Quick Ratio
2024-03-31 12.859 M 7.407 M 8.249 M 2.5x
2024-06-30 11.771 M 8.427 M 9.247 M 2.2x
2024-09-30 12.583 M 9.327 M 11.495 M 1.9x
2024-12-31 10.011 M 8.177 M 8.196 M 2.2x

Read more on Wikipedia: Quick Ratio


Click the link below to download a spreadsheet with an example Quick Ratio calculation for One Stop Systems Inc below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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0.3x4.3x8.3x13.3x0100200300

The chart above depicts the distribution of quick ratio for companies operating in the Information Technology sector in the Developed economic region. Over 2,520 companies were considered in this analysis, and 2,424 had meaningful values. The average quick ratio of companies in the sector is 1.9x with a standard deviation of 2.0x.

One Stop Systems Inc's Quick Ratio of 2.2x ranks in the 72.4% percentile for the sector. The following table provides additional summary stats:

Quick Ratio In The Information Technology Sector
Economic Risk RegionDeveloped
Total Constituents2,526
Included Constituents2,424
Min0.0x
Max13.2x
Median1.3x
Mean1.9x
Standard Deviation2.0x

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