ACTG's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
ACTG Working Capital Ratio |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
Y / Y Current Liabilities Change |
-43.19 % |
-71.35 % |
-68.31 % |
-74.91 % |
-42.88 % |
Y / Y Current Assets Change |
1.68 % |
9.49 % |
29.56 % |
13.4 % |
-2.87 % |
Working Capital Ratio MRQ |
11.17 |
21.4 |
20.06 |
22.6 |
6.24 |
ACTG's Total
Ranking |
# 233 |
# 120 |
# 108 |
# 167 |
# 450 |
Seq. Current Liabilities Change |
71.03 % |
-6.48 % |
28.94 % |
-72.45 % |
-13.75 % |
Seq. Current Assets Change |
-10.7 % |
-0.25 % |
14.46 % |
-0.28 % |
-3.84 % |
ACTG Working Capital Ratio |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
Y / Y Current Liabilities TTM Growth |
-43.19 % |
-71.35 % |
-68.31 % |
-74.91 % |
-42.88 % |
Y / Y Current Assets TTM Growth |
1.68 % |
9.49 % |
29.56 % |
13.4 % |
-2.87 % |
Working Capital Ratio TTM |
17.51 |
13.61 |
9.35 |
6.88 |
5.42 |
Total
Ranking TTM |
# 114
| # 2774
| # 2367
| # 3840
| # 2473
|
Seq. Current Liabilities TTM Growth |
71.03 % |
-6.48 % |
28.94 % |
-72.45 % |
-13.75 % |
Seq. Current Assets TTM Growth |
-10.7 % |
-0.25 % |
14.46 % |
-0.28 % |
-3.84 % |
On the trailing twelve months basis ACTG Current Assets improved by
1.68 % in II Quarter 2024 year on year, while Current Liabilities soared to $44 millions, this led to increase in in Acacia Research's Working Capital Ratio to
17.51, above ACTG average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within
Conglomerates industry 2 other companies have achieved higher Working Capital Ratio than Acacia Research. While Working Capital Ratio overall ranking has improved so far to
114, from total ranking during the twelve months ending first quarter 2024 at
2774.
Explain Working Capital Ratio
How much in Current Assets ACTG´s has?
What is the value of ACTG´s Current Liabilities?