Park Electrochemical Corporation

NYSE PKE

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Park Electrochemical Corporation Quick Ratio 1 year YoY Change (%) for the year ending March 31, 2024: 131.34%

Park Electrochemical Corporation Quick Ratio 1 year YoY Change (%) is 131.34% for the year ending March 31, 2024, a 267.05% change year over year. The quick ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations using its most liquid assets. It is calculated by dividing the current assets minus inventory by the current liabilities. This ratio provides insights into the company's liquidity position and its ability to pay off current liabilities without relying on inventory sales. A higher ratio suggests a stronger ability to meet short-term obligations with readily available assets. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Park Electrochemical Corporation Quick Ratio for the year ending March 31, 2023 was 4.14, a -78.62% change year over year.
  • Park Electrochemical Corporation Quick Ratio for the year ending March 31, 2022 was 19.36, a 21.29% change year over year.
  • Park Electrochemical Corporation Quick Ratio for the year ending March 31, 2021 was 15.96, a 0.09% change year over year.
  • Park Electrochemical Corporation Quick Ratio for the year ending March 31, 2020 was 15.94, a 9.33% change year over year.
NYSE: PKE

Park Electrochemical Corporation

CEO Mr. Brian E. Shore
IPO Date Dec. 30, 1987
Location United States
Headquarters 1400 Old Country Road, Westbury, NY, United States, 11590
Employees 110
Sector Industrials
Industry Aerospace & defense
Description

Park Aerospace Corp., an aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe. It offers advanced composite materials, including film adhesives and lightning strike protection materials that are used to produce primary and secondary structures for jet engines, large and regional transport aircrafts, military aircrafts, unmanned aerial vehicles, business jets, general aviation aircrafts, and rotary wing aircrafts. The company also provides specialty ablative materials for rocket motors and nozzles; and specially designed materials for radome applications. In addition, it designs and fabricates composite parts, structures and assemblies, and low volume tooling for the aerospace industry. The company was formerly known as Park Electrochemical Corp. and changed its name to Park Aerospace Corp. in July 2019. Park Aerospace Corp. was incorporated in 1954 and is based in Westbury, New York.

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StockViz Staff

September 20, 2024

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