CSIMarket
 



<< Back to Financial Strength by Company within Marine Transportation Industry

Marine Transportation Industry Financial Strength Information

Financial Strength Information & Trends  
 


Category:   Period:  

Marine Transportation Industry 4 Q 3 Q 2 Q 1 Q 4 Q
  2023 2023 2023 2023 2022
Quick Ratio (TTM) 0.47 0.56 0.55 0.51 0.53
Quick Ratio Ranking # 36 # 31 # 31 # 51 # 35
Working Capital Ratio (TTM) 1.15 1.54 1.58 1.61 1.49
Working Capital Ratio Ranking # 63 # 38 # 37 # 97 # 41
Working Capital Per Revenue 0.05 0.1 0.1 0.11 0.11
Working Capital Per Revenue Ranking # 45 # 55 # 53 # 6 # 61
Leverage Ratio (TTM) 1.52 1.57 1.57 1.59 1.26
Leverage Ratio Ranking # 37 # 37 # 35 # 83 # 20
Total Debt to Equity (TTM) 0.7 0.67 0.67 0.66 0.52
Total Debt to Equity Ranking # 53 # 43 # 40 # 97 # 32
Interest Coverage (TTM) 7.24 10.2 13 15.93 14
Interest Coverage Ranking # 56 # 36 # 29 # 91 # 38
Debt Coverage (TTM) 0.12 0.49 0.56 0.65 0.31
Debt Coverage Ranking # 97 # 25 # 21 # 93 # 55


Quick Ratio Comment
On the trailing twelve months basis Despite sequential decrease in Current Liabilities, Quick Ratio detoriated to 0.47 in the 4 Q 2023 above Marine Transportation Industry average.



Within Transportation sector, Marine Transportation Industry achieved the highest Quick Ratio. Quick Ratio total ranking fell in contrast to the previous quarter from 31 to 36.

Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.

Quick Ratio Statistics as of 4 Q 2023
High Average Low
0.7 0.39 0.14
1. quarter 2019   3. quarter 2018

Quick Ratio Industry Ranking
Within: No.
Sector # 1
Overall # 36


Other Quick Ratios
Compare Industry's quick ratio to Bc's or S&P Constituent list of Marine Transportation Industry
Highest Ranking Quick Ratios Lowest Ranking Quick Ratios
Quick Ratios for BC's Competitors Definiton of Quick Ratio


Marine Transportation Industry Working Capital Ratio Statistics as of 4 Q 2023
 



Working Capital Ratio Statistics as of 4 Q 2023
High Average Low
1.85 1.11 0.45
1. quarter 2019   3. quarter 2016



Working Capital Ratio Comment
On the trailing twelve months basis Despite sequential decrease in Current Liabilities, Working Capital Ratio detoriated to 1.15 in the 4 Q 2023 above Marine Transportation Industry average.



Within Transportation sector only one Industry has achieved higher Working Capital Ratio. Working Capital Ratio total ranking has deteriorated relative to the previous quarter from 38 to 63.



Working Capital Ratio Industry Ranking
Within: No.
Sector # 2
Overall # 63

Other Working Capital Ratios
Highest Ranking Working Capital Ratios Lowest Ranking Working Capital Ratios
Compare Industry's Working Capital ratio to Bc's or S&P Constituent list of Marine Transportation Industry
Working Capital ratios for BC's Competitors Definiton of Working Capital Ratio

Marine Transportation Industry Working Capital Per Revenue Statistics as of 4 Q 2023
 
Working Capital Per Revenue Comment
On the trailing twelve months basis Marine Transportation Industry's Working Capital Per Revenue sequentially decreased to 0.05 in the 4 Q 2023, but remained above Industry average. Due to decrease of revenue year on year by -25.07%.



Within Transportation sector 3 other industries have achieved lower Working Capital Per Revenue. Working Capital Per Revenue total ranking has improved to 45, from total ranking in previous quarter at 55.




Working Capital Per Revenue Statistics as of 4 Q 2023
High Average Low
0.18 -0.01 -0.27
1. quarter 2019   2. quarter 2016


Working Capital Per Revenue Industry Ranking
Within: No.
Sector # 4
Overall # 45



Other Working Capital Per Revenue
Compare Industry's Working Capital Per Revenue to Bc's or S&P Constituent list of Marine Transportation Industry
Return On Assets for Marine Transportation Industry Definiton of Working Capital Per Revenue



Marine Transportation Industry Leverage Ratio Statistics as of 4 Q 2023
 


Leverage Ratio Statistics as of 4 Q 2023
High Average Low
2.36 1.38 0.97
3. quarter 2021   1. quarter 2019



Leverage Ratio Comment
Despite net new borrowings of 0.49% Industry managed to improve Liabilities to Equity ratio in 4 Q 2023 to 1.52, above Marine Transportation Industry average.



, Marine Transportation Industry achieved lowest Leverage Ratio.



Overall ranking remained unchanged from to the prior quarter at no. 37.



Leverage Ratio Industry Ranking
Within: No.
Sector # 1
Overall # 37

Other Leverage Ratios
Compare Industry's Leverage ratio to Bc's or S&P Bond Interest rates
Highest Ranking Leverage Ratios Lowest Ranking Leverage Ratios
Leverage Ratios for BC's Competitors What is Leverage Ratio?


Marine Transportation Industry Total Debt to Equity Ratio Statistics as of 4 Q 2023
 
Debt to Equity Ratio Comment
Due to net new borrowings of 0.32%, Total Debt to Equity detoriated to 0.7 in the 4 Q 2023, a new Industry high.



Within Transportation sector, Marine Transportation Industry achieved lowest Debt to Equity Ratio. Debt to Equity Ratio total ranking has contracted relative to the preceding quarter from 43 to 53.




Debt to Equity Ratio Statistics as of 4 Q 2023
High Average Low
0.7 0.2 0.04
4. quarter 2023   2. quarter 2020



Debt to Equity Industry Ranking
Within: No.
Sector # 1
Overall # 53

Other Debt to Equity Ratios
Highest Ranking Debt to Equity Ratios Lowest Ranking Debt to Equity Ratios
Compare Industry's Debt to Equity ratio to Bc's or S&P Definiton of Debt to Equity Ratio

Marine Transportation Industry Interest Coverage Ratio Statistics as of 4 Q 2023
 


Interest Coverage Ratio Statistics as of 4 Q 2023
High Average Low
24.88 7.95 -0.07
2. quarter 2022   3. quarter 2021

Interest Coverage Ratio Comment
On the trailing twelve months basis Due to increase in interest expenses in 4 Q 2023, Interest Coverage Ratio fell to 7.24 below Marine Transportation Industry average.



In the Transportation sector 2 other industries have accomplished higher Interest Coverage Ratio. Interest Coverage overall ranking fell in contrast to the prior period from 36 to 56.



Interest Coverage Ratio Industry Ranking
Within: No.
Sector # 3
Overall # 56

Other Interest Coverage Ratios
Highest Ranking Interest Coverage Ratios Lowest Ranking Interest Coverage Ratios
Compare Industry's Interest Coverage ratio to Bc's or S&P Definiton of Interest Coverage Ratio


Marine Transportation Industry Debt Coverage Statistics as of 4 Q 2023
 
Debt Coverage Ratio Comment
On the trailing twelve months basis Due to increase in total debt in 4 Q 2023, Debt Coverage Ratio fell to 0.12 below Marine Transportation Industry average.



Looking into Transportation sector 3 other industries have achieved higher debt coverage ratio. Debt Coverage Ratio total ranking has declined from the preceding period from 25 to 97.




Debt Coverage Statistics as of 4 Q 2023
High Average Low
5.68 1.59 -0.04
2. quarter 2021   3. quarter 2021



Debt Coverage Industry Ranking
Within: No.
Sector # 4
Overall # 97

Other Debt Coverage Ratios
Highest Ranking Debt Coverage Ratios Lowest Ranking Debt Coverage Ratios
See also Marine Transportation Industry's Margin Definiton of Debt Coverage Ratio

Date modified: 2024-04-11T15:58:57+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com