Summit Networks Current Ratio Growth & History (SNTW)
Summit Networks's current ratio was 0.11 for fiscal 2025.
View full Summit Networks company overviewSummit Networks annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.11 | −0.04 | −28.69% |
| 2024 · Dec 31 | 2024-12-31 | 0.16 | — | — |
| 2024 · Sep 30 | 2024-09-30 | 4.52 | 4.29 | +1834.17% |
| 2023 | 2023-09-30 | 0.23 | 0.22 | +1942.76% |
| 2022 | 2022-09-30 | 0.01 | −0.10 | −89.55% |
| 2021 | 2021-09-30 | 0.11 | — | — |
| 2020 | 2020-07-31 | 0.59 | 0.58 | +9131.16% |
| 2019 | 2019-07-31 | 0.01 | −0.23 | −97.25% |
| 2018 | 2018-07-31 | 0.23 | — | — |
Summit Networks quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.14 | 0.08 | +129.56% |
| Q1 2026 | 2026-03-31 | 0.13 | −0.00 | −3.17% |
| Q4 2025 | 2025-12-31 | 0.11 | −0.04 | −28.69% |
| Q3 2025 | 2025-09-30 | 0.12 | −4.40 | −97.35% |
| Q2 2025 | 2025-06-30 | 0.06 | −0.12 | −65.14% |
| Q1 2025 | 2025-03-31 | 0.13 | −0.13 | −49.73% |
| Q4 2024 · Dec 31 | 2024-12-31 | 0.16 | −0.04 | −18.93% |
| Q4 2024 · Sep 30 | 2024-09-30 | 4.52 | 4.29 | +1834.17% |
| Q3 2024 | 2024-06-30 | 0.18 | 0.05 | +33.83% |
| Q2 2024 | 2024-03-31 | 0.26 | 0.07 | +34.67% |
| Q1 2024 | 2023-12-31 | 0.19 | −0.07 | −25.50% |
| Q4 2023 | 2023-09-30 | 0.23 | 0.22 | +1942.76% |
| Q3 2023 | 2023-06-30 | 0.13 | 0.11 | +524.74% |
| Q2 2023 | 2023-03-31 | 0.19 | 0.16 | +422.62% |
| Q1 2023 | 2022-12-31 | 0.26 | 0.18 | +232.87% |
| Q4 2022 | 2022-09-30 | 0.01 | −0.10 | −89.55% |
| Q3 2022 | 2022-06-30 | 0.02 | −0.13 | −85.76% |
| Q2 2022 | 2022-03-31 | 0.04 | −0.13 | −78.41% |
| Q1 2022 | 2021-12-31 | 0.08 | — | — |
| Q4 2021 | 2021-09-30 | 0.11 | −0.45 | −80.59% |
| Q3 2021 · Jun 30 | 2021-06-30 | 0.15 | — | — |
| Q3 2021 · Mar 31 | 2021-03-31 | 0.17 | — | — |
| Q1 2021 · Oct 31 | 2020-10-31 | 0.46 | — | — |
| Q1 2021 · Sep 30 | 2020-09-30 | 0.56 | — | — |
| Q4 2020 | 2020-07-31 | 0.59 | 0.58 | +9131.16% |
| Q3 2020 | 2020-04-30 | 0.01 | — | — |
| Q4 2019 | 2019-07-31 | 0.01 | −0.23 | −97.25% |
| Q1 2019 | 2018-10-31 | 0.03 | — | — |
| Q4 2018 | 2018-07-31 | 0.23 | — | — |
| Q3 2018 | 2018-04-30 | 0.06 | — | — |
| Q2 2018 | 2018-01-31 | 0.00 | — | — |
Summit Networks current ratio trends
Between the periods ended 2018-07-31 and 2025-12-31, Summit Networks's current ratio decreased from 0.23 to 0.11, a change of −0.12. The latest reported quarter, Q2 2026, shows 0.14.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Summit Networks source filings ↗