CSIMarket
 



<< Back to Financial Strength by Company within Professional Services Industry

Professional Services Industry Financial Strength Information

Financial Strength Information & Trends  
 


Category:   Period:  

Professional Services Industry 3 Q 2 Q 1 Q 4 Q 3 Q
  2023 2023 2023 2022 2022
Quick Ratio (TTM) 0.45 0.45 0.49 0.56 0.45
Quick Ratio Ranking # 38 # 36 # 34 # 33 # 42
Working Capital Ratio (TTM) 1.27 1.26 1.52 1.39 1.99
Working Capital Ratio Ranking # 52 # 61 # 66 # 57 # 21
Working Capital Per Revenue 0.19 0.18 0.31 0.27 0.49
Working Capital Per Revenue Ranking # 74 # 74 # 68 # 62 # 95
Leverage Ratio (TTM) 2.48 2.5 1.82 2.09 2.19
Leverage Ratio Ranking # 63 # 60 # 62 # 59 # 58
Total Debt to Equity (TTM) 1.35 1.33 0.85 1.06 1.2
Total Debt to Equity Ranking # 76 # 75 # 77 # 62 # 82
Interest Coverage (TTM) 5.69 5.08 4.04 4.12 7.58
Interest Coverage Ranking # 66 # 66 # 65 # 65 # 75
Debt Coverage (TTM) 0.16 0.15 0.13 0.12 0.19
Debt Coverage Ranking # 85 # 79 # 74 # 56 # 89


Quick Ratio Comment
On the trailing twelve months basis Due to increase in Current Liabilities in the 3 Q 2023, Quick Ratio fell to 0.45 above Professional Services Industry average.



Within Services sector 7 other industries have achieved higher Quick Ratio. Quick Ratio total ranking fell in contrast to the previous quarter from 36 to 38.

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 3 Q 2023
High Average Low
0.87 0.44 0.24
1. quarter 2016   2. quarter 2018

Quick Ratio Industry Ranking
Within: No.
Sector # 8
Overall # 38


Other Quick Ratios
Compare Industry's quick ratio to Hi's or S&P Constituent list of Professional Services Industry
Highest Ranking Quick Ratios Lowest Ranking Quick Ratios
Quick Ratios for HI's Competitors Definiton of Quick Ratio


Professional Services Industry Working Capital Ratio Statistics as of 3 Q 2023
 



Working Capital Ratio Statistics as of 3 Q 2023
High Average Low
2.46 1.51 1.13
4. quarter 2019   2. quarter 2019



Working Capital Ratio Comment
On the trailing twelve months basis Professional Services Industry's Current Assets grew by 3.73 % in the 3 Q 2023 sequentially, faster than Current Liabilities, this led to improvement in Industry's Working Capital Ratio to 1.27 in the 3 Q 2023, Working Capital Ratio remained below Professional Services Industry average.



Within Services sector 4 other industries have achieved higher Working Capital Ratio. Working Capital Ratio total ranking has improved to 52, from total ranking in previous quarter at 61.



Working Capital Ratio Industry Ranking
Within: No.
Sector # 5
Overall # 52

Other Working Capital Ratios
Highest Ranking Working Capital Ratios Lowest Ranking Working Capital Ratios
Compare Industry's Working Capital ratio to Hi's or S&P Constituent list of Professional Services Industry
Working Capital ratios for HI's Competitors Definiton of Working Capital Ratio

Professional Services Industry Working Capital Per Revenue Statistics as of 3 Q 2023
 
Working Capital Per Revenue Comment
On the trailing twelve months basis Professional Services Industry's Working Capital Per Revenue sequentially grew to 0.19 in the 3 Q 2023, below Industry average. Due to decline in revenue year on year by -23.74%.



Within Services sector 15 other industries have achieved lower Working Capital Per Revenue. Total ranking remained the same like in the preceding quarter at no. 74.




Working Capital Per Revenue Statistics as of 3 Q 2023
High Average Low
0.68 0.25 0.08
4. quarter 2019   2. quarter 2019


Working Capital Per Revenue Industry Ranking
Within: No.
Sector # 16
Overall # 74



Other Working Capital Per Revenue
Compare Industry's Working Capital Per Revenue to Hi's or S&P Constituent list of Professional Services Industry
Return On Assets for Professional Services Industry Definiton of Working Capital Per Revenue



Professional Services Industry Leverage Ratio Statistics as of 3 Q 2023
 


Leverage Ratio Statistics as of 3 Q 2023
High Average Low
2.75 1.99 0.86
4. quarter 2016   1. quarter 2016



Leverage Ratio Comment
Due to repayements of liabilities of 2.38% Industry improved Liabilities to Equity ratio in 3 Q 2023 to 2.48, above Professional Services Industry average.



Among other Industries in the Services sector 8 other industries have achieved lower Leverage Ratio.



Leverage Ratio overall ranking has fallen relative to the prior quarter from 60 to 63.



Leverage Ratio Industry Ranking
Within: No.
Sector # 9
Overall # 63

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


Professional Services Industry Total Debt to Equity Ratio Statistics as of 3 Q 2023
 
Debt to Equity Ratio Comment
Despite debt repayement of 2.26%, in 3 Q 2023 ,Total Debt to Equity detoriated to 1.35 in the 3 Q 2023, a new Industry high.



Within Services sector 8 other industries have achieved lower Debt to Equity Ratio. Debt to Equity Ratio total ranking has contracted relative to the preceding quarter from 75 to 76.




Debt to Equity Ratio Statistics as of 3 Q 2023
High Average Low
1.35 0.27 0.02
3. quarter 2023   1. quarter 2017



Debt to Equity Industry Ranking
Within: No.
Sector # 9
Overall # 76

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 Hi's or S&P Definiton of Debt to Equity Ratio

Professional Services Industry Interest Coverage Ratio Statistics as of 3 Q 2023
 


Interest Coverage Ratio Statistics as of 3 Q 2023
High Average Low
28.81 11.02 3.09
4. quarter 2016   1. quarter 2019

Interest Coverage Ratio Comment
On the trailing twelve months basis Professional Services Industry's ebitda grew by 7.26 % in 3 Q 2023 sequentially, faster than interest expenses, this led to improvement in Industry's Interest Coverage Ratio to 5.69 , Interest Coverage Ratio remained below Professional Services Industry average.



In the Services sector 11 other industries have accomplished higher Interest Coverage Ratio. Total ranking remained equal to the previous period at no. 66.



Interest Coverage Ratio Industry Ranking
Within: No.
Sector # 12
Overall # 66

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


Professional Services Industry Debt Coverage Statistics as of 3 Q 2023
 
Debt Coverage Ratio Comment
On the trailing twelve months basis Professional Services Industry's ebitda grew by 7.26 % in 3 Q 2023 sequentially, faster than total debt, this led to improvement in Industry's Debt Coverage Ratio to 0.16 , Debt Coverage Ratio remained below Professional Services Industry average.



Looking into Services sector 12 other industries have achieved higher debt coverage ratio. Debt Coverage Ratio total ranking has declined from the preceding period from 79 to 85.




Debt Coverage Statistics as of 3 Q 2023
High Average Low
7.47 3.13 0.12
2. quarter 2017   4. quarter 2022



Debt Coverage Industry Ranking
Within: No.
Sector # 13
Overall # 85

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

Date modified: 2023-12-05T13:58:33+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2023 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