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<< Back to Financial Strength by Company within Department & Discount Retail Industry
Department & Discount Retail Industry Financial Strength Information
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Financial Strength Information & Trends  |
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Industry: Department & Discount Retail ▼
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Category:
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Period:
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Department & Discount Retail ▼
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| Department & Discount Retail Industry |
2 Q |
1 Q |
4 Q |
3 Q |
2 Q |
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2024 |
2024 |
2023 |
2023 |
2023 |
| Quick Ratio (TTM) |
0.28 |
0.26 |
0.24 |
0.19 |
0.23 |
| Quick Ratio Ranking |
# 61 |
# 63 |
# 69 |
# 76 |
# 71 |
| Working Capital Ratio (TTM) |
1.54 |
1.49 |
1.44 |
1.29 |
1.34 |
| Working Capital Ratio Ranking |
# 34 |
# 37 |
# 44 |
# 55 |
# 54 |
| Working Capital Per Revenue |
0.1 |
0.09 |
0.08 |
0.06 |
0.07 |
| Working Capital Per Revenue Ranking |
# 54 |
# 53 |
# 51 |
# 39 |
# 39 |
| Leverage Ratio (TTM) |
2.38 |
2.45 |
2.49 |
3.1 |
3.11 |
| Leverage Ratio Ranking |
# 61 |
# 62 |
# 67 |
# 74 |
# 75 |
| Total Debt to Equity (TTM) |
0.59 |
0.6 |
0.6 |
0.65 |
0.61 |
| Total Debt to Equity Ranking |
# 35 |
# 34 |
# 38 |
# 39 |
# 31 |
| Interest Coverage (TTM) |
16.81 |
6.54 |
6.6 |
4.58 |
6.4 |
| Interest Coverage
Ranking |
# 36 |
# 60 |
# 64 |
# 76 |
# 65 |
| Debt Coverage (TTM) |
0.59 |
0.25 |
0.26 |
0.39 |
0.71 |
| Debt Coverage Ranking |
# 20 |
# 67 |
# 60 |
# 41 |
# 13 |
| Quick Ratio Comment |
On the trailing twelve months basis Department & Discount Retail Industry's Cash & cash equivalent grew by 25.82 % in the 2 Q 2024 sequentially, while Current Liabilities decreased, this led to improvement in Department & Discount Retail Industry's Quick Ratio to 0.28 in the 2 Q 2024,, above Department & Discount Retail Industry average Quick Ratio.
Within Retail sector 3 other industries have achieved higher Quick Ratio. Quick Ratio total ranking has improved so far to 61, from total ranking in previous quarter at 63. |
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 2 Q 2024 |
| High |
Average |
Low |
| 0.48 |
0.2 |
0.11 |
| 2. quarter 2021 |
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3. quarter 2019 |
| Quick Ratio Industry Ranking |
| Within: |
No. |
| Sector |
# 4 |
| Overall |
# 61
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| Department & Discount Retail Industry Working Capital Ratio Statistics as of 2 Q 2024 |
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| Working Capital Ratio Statistics as of 2 Q 2024 |
| High |
Average |
Low |
| 1.54 |
1.11 |
0.89 |
| 2. quarter 2024 |
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4. quarter 2019 |
| Working Capital Ratio Comment |
On the trailing twelve months basis Department & Discount Retail Industry's Current Assets grew by 1.76 % in the 2 Q 2024 sequentially, while Current Liabilities decreased, this led to improvement in Industry's Working Capital Ratio to 1.54 in the 2 Q 2024 a new Industry high.
Within Retail sector only one Industry has achieved higher Working Capital Ratio. Working Capital Ratio total ranking has improved to 34, from total ranking in previous quarter at 37.
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| Working Capital Ratio Industry Ranking |
| Within: |
No. |
| Sector |
# 2 |
| Overall |
# 34
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| Department & Discount Retail Industry Working Capital Per Revenue
Statistics as of 2 Q 2024 |
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| Working Capital Per Revenue Comment |
On the trailing twelve months basis Department & Discount Retail Industry's Working Capital Per Revenue sequentially grew to 0.1 in the 2 Q 2024, a new Industry high. Due to decline in revenue year on year by -2.05%.
Within Retail sector 8 other industries have achieved lower Working Capital Per Revenue. Working Capital Per Revenue total ranking fell in contrast to the preceding quarter from 53 to 54.
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| Working Capital Per Revenue Statistics as of 2 Q 2024 |
| High |
Average |
Low |
| 0.1 |
0.02 |
-0.02 |
| 2. quarter 2024 |
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4. quarter 2019 |
| Working Capital Per Revenue Industry Ranking |
| Within: |
No. |
| Sector |
# 9 |
| Overall |
# 54
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| Department & Discount Retail Industry Leverage Ratio Statistics as of 2 Q 2024 |
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| Leverage Ratio Statistics as of 2 Q 2024 |
| High |
Average |
Low |
| 3.51 |
2.27 |
0.97 |
| 2. quarter 2021 |
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1. quarter 2016 |
| Leverage Ratio Comment |
Due to repayements of liabilities of -1.12% Industry improved Liabilities to Equity ratio in 2 Q 2024 to 2.38, above Department & Discount Retail Industry average.
Among other Industries in the Retail sector 6 other industries have achieved lower Leverage Ratio.
Leverage Ratio total ranking has improved so far to 61, from overall ranking in the previous quarter at 62.
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| Leverage Ratio Industry Ranking |
| Within: |
No. |
| Sector |
# 7 |
| Overall |
# 61
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| Department & Discount Retail Industry Total Debt to Equity Ratio Statistics as of 2 Q 2024 |
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| Debt to Equity
Ratio Comment |
Despite net new borrowings of 0.01% Industry managed to improve Total Debt to Equity in 2 Q 2024 to 0.59, above Industry average.
Within Retail sector 5 other industries have achieved lower Debt to Equity Ratio. Debt to Equity Ratio total ranking has contracted relative to the preceding quarter from 34 to 35.
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| Debt to Equity Ratio Statistics as of 2 Q 2024 |
| High |
Average |
Low |
| 0.74 |
0.27 |
0.04 |
| 1. quarter 2022 |
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1. quarter 2021 |
| Debt to Equity Industry Ranking |
| Within: |
No. |
| Sector |
# 6 |
| Overall |
# 35
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| Department & Discount Retail Industry Interest Coverage Ratio Statistics as of 2 Q 2024 |
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| Interest Coverage Ratio Statistics as of 2 Q 2024 |
| High |
Average |
Low |
| 16.81 |
9.86 |
4.58 |
| 2. quarter 2024 |
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3. quarter 2023 |
| Interest Coverage Ratio Comment |
On the trailing twelve months basis Department & Discount Retail Industry's ebitda grew by 132.59 % in 2 Q 2024 sequentially, while interest expenses decreased, this led to improvement in Industry's Interest Coverage Ratio to 16.81 a new Industry high.
In the Retail sector 6 other industries have accomplished higher Interest Coverage Ratio. Interest Coverage total ranking has improved so far to 36, from total ranking in previous quarter at 60.
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| Interest Coverage Ratio Industry Ranking |
| Within: |
No. |
| Sector |
# 7 |
| Overall |
# 36
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| Department & Discount Retail Industry Debt Coverage
Statistics as of 2 Q 2024 |
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| Debt Coverage Ratio Comment |
On the trailing twelve months basis Department & Discount Retail Industry's ebitda grew by 132.59 % in 2 Q 2024 sequentially, faster than total debt, this led to improvement in Industry's Debt Coverage Ratio to 0.59 , Debt Coverage Ratio remained below Department & Discount Retail Industry average.
Looking into Retail sector 5 other industries have achieved higher debt coverage ratio. Debt Coverage Ratio total ranking has improved to 20, from total ranking in previous quarter at 67.
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| Debt Coverage Statistics as of 2 Q 2024 |
| High |
Average |
Low |
| 15.66 |
3.7 |
0.25 |
| 1. quarter 2021 |
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1. quarter 2024 |
| Debt Coverage Industry Ranking |
| Within: |
No. |
| Sector |
# 6 |
| Overall |
# 20
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Date modified: 2024-10-08T16:48:05+00:00
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